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%
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.
Two bedroom apartment
Electric central heating system
Secure allocated parking space
Fitted wardrobes and cupboards
Close to local amenities in Stevenage
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.
Entrance Hall, Kitchen/Living/Dining, 2 Bedrooms & 1 Bathroom
There is allocated parking.
There is a security barrier to enter the ground/parking area.
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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