1 bedroom apartment for sale
West Terrace, , SG1 1AW
Share percentage 35%, full price £200,000, £7,000 Min Deposit.
Share percentage 35%, full price £200,000, £7,000 Min Deposit.
Monthly Cost: £827
Rent £320,
Service charge £152,
Mortgage £355*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Stevenage, Hertfordshire
Description
A beautifully presented spacious one-bedroom apartment located a short distance from the town centre and 0.4 miles from Stevenage mainline train station. Positioned on the eighth floor, the property boasts an airy, bright lounge with a door to a large private outdoor terrace. The property boasts lots of natural light with uninterrupted views.
Minimum income required: £28,144
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £70,000 for 35% share based on the marketing figure of £200,000.
Monthly rent - £319.94
Monthly Service Charge - £151.71
Total Monthly Charge - £471.65 plus mortgage required for 35% share.
Entrance hall
Ceiling light, large storage cupboard, laminate flooring and heating control panel
Lounge
15’7 (4.75m) x 9’9 (2.97m) max
Large window facing East with stunning views, double glazed glass South facing door leading to private terrace, high ceilings, electric radiator, laminate flooring, phone entry system, ceiling light
Kitchen
8’4 (2.54m) x 7’4 (2.24m) max
Integrated electric oven and hob, fridge freezer, dishwasher and washer drier, spotlights, stainless steel sink and large window facing to the South, spotlights
Bedroom
14’4 (4.37m) x 12’4 (3.76m) max
Large window facing East, high ceilings, electric radiator, laminate flooring, ceiling light
Bathroom
Three piece bathroom suite with panelled bath with overhead shower with glass shower screen, pedestal sink and low level WC, part tiled walls, high ceilings, window facing East, tiled flooring, towel rail
Outdoor private terrace
Large private outdoor terrace with new grey ceramic tiled flooring and uninterrupted private views to the South, East and West.
Energy Rating Band - E
Environmental Impact Band - E
All room dimensions are approximate.
Please note figures given for the rent and service charge are correct at the time of marketing. There is an annual increase that takes place in April. Please contact us for more information.
Key Features
- One bedroom
- Eighth floor
- Great condition
- Large private outdoor terrace
- Short walk to Stevenage train station
- Stunning views
- Available for 35% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 35%, full price £200,000, £7,000 Min Deposit. Calculated using a representative rate of 4.64%
