Full price: £230,000 The full value of the property
Share value: 35% - £80,500
Estimated monthly cost*: £937
Estimated Monthly Mortgage*: £403
SO Resi Monthly Payment: £391.33 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £142.68 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.
** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.
Years on lease: 195
A two bedroom sixth floor flat located in Stevenage available for sale through the Shared Ownership Scheme.
Available for £80,500 for 35% share based on the full market value of £230,000.
SO Resi Monthly Payment - £391.33
Monthly Service Charge - £142.68
Total Monthly Charge - £534.01 PLUS MORTGAGE REQUIRED FOR 35% SHARE
Minimum Required Income - £29,920
Stunning two bedroom apartment located on the 6th floor of a recently refurbished building. The property comprises hall, open plan living room/kitchen, two spacious bedrooms with one en suite, fitted kitchen and bathroom with WC.
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. 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.
You can buy more shares for minimum of 10%
5.98 x 3.50
2.1 x 1.9
2.5 x 3.6
En suite shower room
2.1 x 1.9
2.5 x 2.5
Communal grounds and parking
One allocated parking space
Communal outbuildings for waste, recycling etc.
Security vehicle barriers for entry and exit
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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