1 bedroom apartment for sale

Under Offer

Shapiro House, , SG1 4GW

£140,000 · Shared Ownership Resale

Share percentage 70%, full price £200,000, £7,000 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£140,000 Shared Ownership Resale

Share percentage 70%, full price £200,000, £7,000 Min Deposit.

Monthly Cost: £953
Rent £133, Service charge £70, Mortgage £750*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A 1 bed shared ownership property available in Stevenage, Hertfordshire

Description

Beautifully presented, modern one-bedroom apartment in Stevenage available through Shared Ownership. This first-floor apartment comprises a contemporary open plan kitchen, reception room with a Juliet balcony, a large bedroom, and a bathroom with shower over bath. The property also benefits from an allocated parking space, and access to the communal grounds.

Minimum income required: £46,796

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 10%.

Available for £140,000 for 70% share based on the marketing figure of £200,000.

SO Resi Monthly Payment - £132.72
Monthly Service Charge - £69.57
Total Monthly Charge - £202.29 plus mortgage required for 70% share.

Read more about our Covid-19 update: https://soresi.co.uk/covid-19-message-resales/

EPC rating

Energy Rating Band - B
Environmental Impact Band - B

Other information

All room dimensions approximate

Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up-to-date information.

Key Features
  • One bedroom
  • Allocated parking space
  • Access to communal grounds
  • Allocated parking space
  • Close to Stevenage station
  • Close to local amenities
  • Available for 70% share
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Stevenage (2.29 miles) Knebworth (4.04 miles) Hitchin (4.38 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£140,000
Shared Ownership Resale
Estimated Monthly Cost:£953
Rent £133
Service Charge £70
Mortgage £750

Share percentage 70%, full price £200,000, £7,000 Min Deposit. Calculated using a representative rate of 4.64%


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.