2 bedroom apartment for sale
Chilton House, Giles Crescent, SG1 4FQ
Share percentage 35%, full price £275,000, £4,813 Min Deposit.
Share percentage 35%, full price £275,000, £4,813 Min Deposit.
Monthly Cost: £1,115
Rent £476,
Service charge £91,
Mortgage £548*
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 cozy, well-decorated, modern two-bedroom apartment is now available in Stevenage through Shared Ownership.
The property on the second floor comprises an entrance hall, a spacious living room with a modern open-plan kitchen, two bedrooms (one ensuite), a bathroom, and a private balcony with access from the living room. Allocated parking is accessible with this apartment. Perfect for couples and small families.
Key Information Document
Available for £96,250 for 35% share based on the marketing figure of £275,000.
Monthly rent - £476.13
Monthly Service Charge - £90.79
Total Monthly Charge - £566.92 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located just outside the town centre of Stevenage, in a strategic travel area, about 1.5 miles away from the A1 motorway and the railway station. The train can travel to Kings Cross, in Central London, in about half an hour from there. Both public and road travel are very convenient from the property.
You can also reach the London Luton Airport in less than half an hour by car.
Stevenage is a town undergoing major regeneration projects, thanks to the £1bn funding. The surrounding area is now full of shops, pubs, and restaurants, with all local amenities available nearby and in the town centre.
There is also a large hospital close by and a few parks.
Stevenage also offers a wide range of schools for all levels.
With its convenient commuting location and all the services offered by the town, Stevenage makes it a perfect place to live.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 61 m²
Living room & kitchen: 6.45 x 4.80 m
Bedroom 1: 3.48 x 3.30 m
Bedroom 2: 3.48 x 2.34 m
Balcony: 3.76 x 1.50 m
Years remaining on lease: 119
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 apartment
- One En suite bedroom
- Private balcony
- Allocated parking
- 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 £275,000, £4,813 Min Deposit. Calculated using a representative rate of 5.26%
