West Terrace

Available

Full price: £235,000 The full value of the property

Share value: 25% - £58,750

Estimated monthly cost*: £893

Estimated Monthly Mortgage*: £294

SO Resi Monthly Payment: £455.05 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £142.98 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.

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


Years on lease: 195

This spacious fourth floor flat in Stevenage is available for sale through the Shared Ownership Scheme. The property comprises two bedrooms, open plan fitted kitchen with reception room, two large built in cupboards accessed from the hallway and bathroom.

- Minimum income requirement - £23,802

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Location

The property lies on the north side of a block of flats which sits at the closed, north end of Kings Road. Kings Road lies towards the south west of the centre of Stevenage, within walking distance from the town centre. The surrounding area comprises a combination of residential, retail and office developments. The property lies equidistant between Welwyn and Hitchin, both of which lie within 6 miles from the property; to the south and north, respectively. Stevenage provides for a wide range of local and fair range of national shopping facilities. Stevenage railway station lies within ½ mile from the property.

  • Rail Stevenage station
  • Car A1

Description

Key Features

Two bedrooms
Fourth floor flat
Good condition
Electric heating
Ample storage space
Double glazed
Communal gardens
Close to local amenities in Stevenage


Full Description

A two bedroom fourth floor apartment located in Stevenage available for sale through the Shared Ownership Scheme.
Available for £58,750 for 25% share based on the marketing figure of £235,000.

SO Resi Monthly Payment - £455.05
Monthly Service Charge - £142.98
Total Monthly Charge - £598.03 PLUS MORTGAGE REQUIRED FOR 25% SHARE.

The subject property comprises a flat, positioned on the fourth floor of a purpose built, high density block, comprising similar properties. 


Outside
communal gardens, which are laid to lawn and bedded, with concrete paths leading through.

EPC Rating

Energy Rating Band - D
Environmental Impact Band - D

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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