1 bedroom apartment for sale
Jefferson House, Giles Crescent, SG1 4GT
Share percentage 40%, full price £200,000, £4,000 Min Deposit.
Share percentage 40%, full price £200,000, £4,000 Min Deposit
Monthly Cost: £883
Rent £346,
Service charge £91,
Mortgage £446*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Stevenage, Hertfordshire
Description
Bright and spacious one-bedroom apartment now available in Stevenage, Hertfordshire through Shared Ownership.
The property features an open plan living room and a modern kitchen, leading to the Juliet balcony, one bedroom and a bathroom.
The apartment is on the second floor of a recently constructed building (circa 2018); providing residents access to a shared garden and comes with allocated off-street parking.
Available for £80,000 for 40% share based on the marketing figure of £200,000.
Monthly rent - £345.62
Monthly Service Charge - £90.88
Total Monthly Charge - £436.50 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is located in a convenient location with easy access to local amenities such as supermarkets, gyms, and local parks within a 5 minute drive.
Schools and healthcare facilities are also accessible within a 10 minute drive.
Stevenage Railway Station is just a 7 minute drive away, offering direct trains into London King's Cross in approximately 25 minutes. The area is well-connected by road, with the A1 motorway nearby, making travel to surrounding towns and cities seamless for commuters.
EPC ratingEnergy rating band - B
Environmental impact band - B
Lease informationYears remaining on lease: 118
In certain cases, 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
- One-bedroom flat
- Central London >30 min
- Allocated off-street parking
- Access to shared garden
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 40%, full price £200,000, £4,000 Min Deposit. Calculated using a representative rate of 5.03%
