£107,500

This bright two bedroom apartment is now available in Stevenage through Shared Ownership.

The property on the first floor comprises of an entrance hall with storage, a living room with a modern open plan kitchen, two bedrooms, and a bathroom.

Outside, there is allocated off street parking, and a shared garden area. Perfect for couples and small families.

Available for £107,500 for 50% share based on the marketing figure of £215,000.

Monthly rent - £354.94
Monthly Service Charge - £222.83
Total Monthly Charge - £577.77 plus mortgage required for 50% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Stevenage 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.

Energy rating band - D

Environmental impact band - D

Years remaining on lease: 189

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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.