2 bedroom apartment for sale
Chilton House, Giles Crescent, SG1 4FQ
Share percentage 40%, full price £265,000, £5,300 Min Deposit.
Share percentage 40%, full price £265,000, £5,300 Min Deposit
Monthly Cost: £1,101
Rent £434,
Service charge £91,
Mortgage £576*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Stevenage, Hertfordshire
Description
Bright, modern and spacious two-bedroom apartment now available in Stevenage, Hertfordshire through Shared Ownership.
The apartment comprises an entrance hall, an open-plan kitchen, and kitchen living room leading to the Juliet balcony, two bedrooms and two bathrooms.
The property is on the second floor of a recently constructed building (Circa.2019), offering residents access to a shared garden area and an allocated off-street parking spot.
Available for £106,000 for 40% share based on the marketing figure of £265,000.
Monthly rent - £433.90
Monthly Service Charge - £90.94
Total Monthly Charge - £524.84 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationLiving in Stevenage is a pleasant experience. The area is quiet and friendly, making it a nice place for families and individuals alike.
The building is well-kept, with clean halls and a welcoming atmosphere. Residents enjoy easy access to local shops, parks, and schools nearby, which adds to the convenience of daily life.
Public transport is also available, making it simple to reach other parts of Stevenage or travel to nearby towns. Stevenage Rail Station is only a 6-minute drive away, and there is also quick and easy access to the A1(M). The community often organises fun events, bringing neighbours together and creating a sense of belonging. Many people appreciate the open spaces around, perfect for walks or enjoying the fresh air.
Overall, living in Stevenage means being part of a supportive community, with everything needed for a comfortable life close at hand. Whether you enjoy quiet moments at home or socialising with others, this place has something for everyone.
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.
Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements.
A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
Key Features
- Two-bedroom
- Allocated parking
- Juliet balcony
- Shared garden
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
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 £265,000, £5,300 Min Deposit. Calculated using a representative rate of 4.78%