1 bedroom apartment for sale
East Terrace, Six Hills House, , SG1 1AU
Share percentage 35%, full price £170,000, £2,975 Min Deposit.
Share percentage 35%, full price £170,000, £2,975 Min Deposit.
Monthly Cost: £914
Rent £276,
Service charge £299,
Mortgage £339*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Stevenage, Hertfordshire
Description
A stunning one-bedroom apartment in Stevenage. This property is located on the second floor and comprises an entrance hall, open plan living space with a modern fitted kitchen with appliances, one large double bedroom, modern bathroom suite. Additional benefits includecommunal gardens, a security entry phone system and lift access. It's within walking distance of Stevenage rail station.
Available for £59,500 for 35% share based on the marketing figure of £170,000.
Monthly rent - £275.76
Monthly Service Charge - £299.21
Total Monthly Charge - £574.97 plus mortgage required for 35% share.
An annual rent increase takes place every April
Layout and dimensionsThe gross internal floor area amounts to approx. 44m².
The accommodation comprises:
• entrance hall
• kitchen, lounge, and dining room
• 1 bedroom
• bathroom with integral bath/shower
The flat is presented in good condition and the decoration was good. The flooring is neutral throughout. All windows are double-glazed uPVC casements.
Outside
The flat has access to a shared roof terrace.
Years remaining on lease: 112
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
EPC ratingEnergy Rating Band - D
Environmental Impact Band - D
Key Features
- One bedroom
- Second floor
- Walking distance to Stevenage station
- Communal gardens
- Security entry phone system
- Lift access
- Open plan living space
- Close to local amenities
- 5% Deposit
- 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 £170,000, £2,975 Min Deposit. Calculated using a representative rate of 5.26%
