2 bedroom apartment for sale
Shapiro House, Giles Crescent, SG1 4GW
Share percentage 35%, full price £265,000, £4,638 Min Deposit.
Share percentage 35%, full price £265,000, £4,638 Min Deposit.
Monthly Cost: £1,059
Rent £443,
Service charge £87,
Mortgage £529*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Stevenage, Hertfordshire
Description
This bright and spacious two-bedroom apartment, located on the ground floor, is available for sale through the Shared Ownership Scheme.
The property in Stevenage comprises a spacious living room with a fitted kitchen, two bedrooms, a bathroom, a shared garden area, and allocated parking. This property is perfect for couples, families, or a single person.
This property is not far from various museums and parks, a 20-minute drive from the flat. There are multiple shops and restaurants also within close driving distance. Lister Hospital is a 6-minute drive from the flat. Nine schools within a 1-mile radius of the apartment are perfect for anyone with children.
Transportation links are also another benefit of this property. You can be on the A1(M) in 5 minutes from the property. Stevenage train station is a 7-minute drive. One can also travel to Knebworth and Hitchen rail stations in 30 minutes by bus. Or in 15 minutes by car.
Key Information Document
Available for £92,750 for 35% share based on the marketing figure of £265,000.
Monthly rent - £443.32
Monthly Service Charge - £87.22
Total Monthly Charge - £530.54 plus mortgage required for 35% share.
An annual rent increase takes place every April
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 59 m²
Living room & kitchen: 6.40 x 4.67 m
Bedroom 1: 3.96 x 2.95 m
Bedroom 2: 3.02 x 2.39 m
Years remaining on lease: 120
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.
Key Features
- Two bedroom
- Parking
- Shared garden area
- A1 (M) close by
- Available for 35% share
- 5% minimum deposit only
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 £265,000, £4,638 Min Deposit. Calculated using a representative rate of 5.26%