West Terrace

Available

Full price: £210,000 The full value of the property

Share value: 50% - £105,000

Estimated monthly cost*: £913

Estimated Monthly Mortgage*: £526

SO Resi Monthly Payment: £268.23 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £117.99 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 contemporary apartment located in Stevenage is available for sale through the Shared Ownership Scheme. The property comprises two spacious bedrooms, open plan kitchen with living area and diner, one modern bathroom and hallway. Externally the property offers secure allocated parking space.

- Minimum income requirement - £34,348

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Location

Stevenage railway station is approx. 5 minutes walk and has a 20-minute connection to London Kings Cross station. The property is surrounded by other apartment buildings, with the dwellings being accessed via County council highway roads. The property is in close proximity to the East Coast Mainline & train noise may be a consideration in the property valuation, however, the subject property is situated on the east side of the building which does not face directly towards the rail line. The property is within walking distance of local amenities within the town of Stevenage.

  • Rail Stevenage Station
  • Car A1 Motorway

Description

Key Features


Two bedroom apartment
Contemporary design
Good condition
Electric central heating system
Double glazed
Secure allocated parking space
Fitted wardrobes and cupboards
Close to local amenities in Stevenage

 

Full Description

A two bedroom seventh floor apartment located in Stevenage available through the Shared Ownership Scheme.
Available for £105,000 for 50% share based on the marketing figure of £210,000.

SO Resi Monthly Payment - £268.23
Monthly Service Charge - £117.99
Total Monthly Charge - £386.22 PLUS MORTGAGE REQUIRED FOR 25% SHARE.

The property is a two bedroom apartment on the seventh floor of a block of apartments constructed in 2016.

Ground Floor

Entrance Hall, Kitchen/Living/Dining, 2 Bedrooms & 1 Bathroom

Externally

There is allocated parking.
There is a security barrier to enter the ground/parking area.

 

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.

Share this property:...

How do I apply?