Full price: £240,000 The full value of the property
Share value: 35% - £84,000
Estimated monthly cost*: £938
Estimated Monthly Mortgage*: £421
SO Resi Monthly Payment: £398.53 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £117.98 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
Modern fifth floor flat in Stevenage available for sale through the Shared Ownership Scheme. The property comprises two spacious bedrooms with one en suite, one separate bathroom with shower over bath, open plan kitchen/living room and fully equipped kitchen. The flat offers amazing views and private allocated parking within a secure gated car park adjacent to the building.
- Minimum income requirement - £29,474
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The location is ideal for commuters. The property sits only 10 minutes away from the train station, close to A1 motorway and only a 10 minute walk to Stevenage bus station and has a 20 minute train connection to London Kings Cross. The town centre is also a 10 minute walk away from the apartment with many local amenities around like food superstore, gym, cinema and restaurants.
Two bedroom fifth floor flat
Close to local amenities in Stevenage
A two bedroom fifth floor apartment located in Stevenage available through the Shared Ownership Scheme.
Available for £82,250 for 35% share based on the marketing figure of £235,000.
SO Resi Monthly Payment - £398.53
Monthly Service Charge - £117.98
Total Monthly Charge - £516.51 PLUS MORTGAGE REQUIRED FOR 35% SHARE.
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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