1 bedroom apartment for sale
West Terrace SIX HILLS HOUSE, Kings Road, SG1 1AW
Share percentage 50%, full price £190,000, £4,750 Min Deposit.
Share percentage 50%, full price £190,000, £4,750 Min Deposit
Monthly Cost: £990
Rent £285,
Service charge £189,
Mortgage £516*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Stevenage, Hertfordshire
Description
Bright and modern one-bedroom apartment now available in Stevenage through Shared Ownership.
The property comprises an entrance hall, an open plan living room and kitchen, one bedroom, and a bathroom.
The sixth-floor property offers residents access to a shared garden and an allocated parking space.
Available for £95,000 for 50% share based on the marketing figure of £190,000.
Monthly rent - £284.76
Monthly Service Charge - £188.68
Total Monthly Charge - £473.44 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationStevenage Town Centre boasts a variety of supermarkets, retail stores, and dining options. The Historic High Street in the Old Town features charming cafés, restaurants, pubs, and local shops. Nearby parks like Gunnels Wood Park offer green spaces for relaxation and outdoor activities.
The area is also well-served by Lister Hospital and a selection of primary and secondary schools, making it ideal for families.
The property is just a 5-minute walk from Stevenage Town Centre and Stevenage Train Station, and residents enjoy direct rail services to London King's Cross in just 21 minutes.
EPC ratingEnergy rating band - E
Environmental impact band - D
Lease informationYears remaining on lease: 190
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 apartment
- Central London < 30 min
- Allocated parking
- Shared garden
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 50%, full price £190,000, £4,750 Min Deposit. Calculated using a representative rate of 4.78%
