Share Price £92,400 (from 35% Min. Share)

Full Value £264,000 | £4,620 Min. Deposit

Scheme: Shared Ownership

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Forster Oaks - 2 bed apartment in Stevenage - Hertfordshire

place Wedgwood Way, SG1 4QN

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This new, spacious 2 bedroom apartment is available through Shared Ownership in Stevenage. RESERVE THIS FEBRUARY AND ENJOY 6 MONTHS RENT FREE LIVING.


Description


Reserve your new home this February and enjoy 6 months rent free living *

Built in 2020, this modern apartment comprises entrance hall, open plan living space with modern fitted kitchen with integrated appliances, double bedrooms, large en-suite, modern bathroom suite, security entry phone system and plenty of storage space.

Nestled in a leafy corner of Hertfordshire, combining the very best elements of town and country, lies brand new Forster Oaks. This superb, high quality development is ideally placed for commuting, with journey times from Stevenage railway station into London King's Cross starting at just 23 minutes*.

Once at home, you will have the shops, cafés, generous green spaces, sports and leisure facilities of Stevenage on your doorstep.

And there's a bright future to come, with an ambitious regeneration plan set to transform the UK's very first new town into the epitome of 21st century cosmopolitan living.

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What is shared ownership?
Shared ownership allows you to buy a share of your home, with a lower deposit, smaller mortgage and monthly payment on the rest. You start by buying between 25% - 75% of your home. That means your monthly mortgage and deposit are smaller than they would be if you bought your home outright. You can buy a bigger share of your home in the future, and even own 100%.

*CGIs/show home images used are for illustrative purposes only and may be subject to change'.
**RESERVE THIS FEBRUARY AND ENJOY 6 MONTHS RENT FREE LIVING T&C apply. Call SO Resi to learn more.


Key Features

Ready to move in now
Integrated oven, hob and extractor hood.
Noche Travertine Spacia bathroom flooring by Amtico
VADO shower bar, shower mixer and taps.
Featured Oak Spacia kitchen flooring by Amtico.
Private parking
Great connections for commuting
Available trough Shared Ownership
Full height tiling by Décor Tiles to bath area, half height elsewhere.
Living room features Apollo Easy Clean Twist 100% Excellon PP carpet - in Cashew


Download Documents

Link to the floor plan Property brochure 1 Property price list

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 92,400
Min. £92,400
Share percentage
Min. 35%
Your deposit
Min. £4,620
Monthly cost*
£928
Cost breakdown
£393
Rent
£75
Service charge
£460
Mortgage*
Calculated using a representative rate of 3.94%
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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.