East Terrace, Six Hills House, Kings Road, Stevenage

Available

Full price: £180,000 The full value of the property

Share value: 35% - £63,000

Estimated monthly cost*: £724

Estimated Monthly Mortgage*: £316

SO Resi Monthly Payment: £276.75 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £131.09 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.

** Residents of a development pay this for maintenance of communal/external areas


Years on lease: 195

A stunning one bedroom apartment located on the first floor of East Terrace which is a development of modern apartments located a short walk from Stevenage train station and town centre. Built in 2016 this modern apartment comprises entrance hall, open plan living space with modern fitted kitchen, double bedroom, modern bathroom suite, communal gardens, security entry phone system and lift access.

Location

Description

Key Features

  • One bedroom first floor flat
  • Good condition
  • Modern construction
  • Communal grounds
  • Secure phone entry system
  • Parking space available
  • Close to local amenities in Stevenage

Full Description

A one bedroom first floor apartment located in Stevenage available through the Shared Ownership Scheme.
Available for £63,000 for 35% share based on the marketing figure of £180,000.

SO Resi Monthly Payment - £276.75
Monthly Service Charge - £131.09
Total Monthly Charge - £407.84 PLUS MORTGAGE REQUIRED FOR 35% SHARE
Minimum income requirement - £22,722

London properties - Incomes required are based on the following assumptions: Deposit 5%, mortgage interest rate 2.99% & mortgage term 25 years. Income required will be reduced if you have a higher deposit available.

Buy more shares for a minimum of 10%

Property Details

First Floor

Hall, living room/kitchen, bathroom/wc and one bedroom.
(44m² GIA)

Externally
Communal grounds
Parking space


EPC Rating

Energy Rating Band - D
Environmental Impact Band - D

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

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