Share Price £82,250 (from 35% Min. Share)

Full Value £235,000 | £4,113 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Stevenage - Hertfordshire

place West Terrace, Kings Road, SG1 1AW

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Modern seventh floor apartment in Stevenage available for sale through the Shared Ownership Scheme


Description

Full Description

A two bedroom seventh 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.

Modern seventh floor apartment in Stevenage available for sale through the Shared Ownership Scheme. The property comprises two spacious bedrooms, one 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.

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.


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.


Key Features

Two bedroom
Seventh floor apartment
Good condition
Central heating
Communal grounds
Visitor's parking
Resident's parking
Close to local amenities in Stevenage
Available for35% share


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Calculate Monthly Cost

Share price
£ 82,250
Min. £82,250
Share percentage
Min. 35%
Your deposit
Min. £4,113
Monthly cost*
£935
Cost breakdown
£407
Rent
£118
Service charge
£410
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.