2 bedroom apartment for sale
Under Offer
SIX HILLS HOUSE, KINGS ROAD, SG1 1AW
£116,000 · Shared Ownership Resale

Share percentage 50%, full price £232,000, £5,800 Min Deposit.

Under Offer
2 bedrooms
£116,000 Shared Ownership Resale

Share percentage 50%, full price £232,000, £5,800 Min Deposit.

Monthly Cost: £1,016
Rent £295, Service charge £143, Mortgage £578*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Summary

A two bedroom first floor flat located in Stevenage available through Shared Ownership Scheme.

Description

Full Description

A two bedroom first floor flat located in Stevenage available through Shared Ownership Scheme.
Available for £116,000 for 50% share based on the marketing figure of £232,000

SO Resi Monthly Payment - £294.82
Monthly Service Charge - £142.68
Total Monthly Charge - £437.50 PLUS MORTGAGE REQUIRED FOR 50% SHARE

You can buy more shares for minimum of 10%

This modern property comprises entrance hall,spacious storage cupboard,open plan kitchen/living room, two bedrooms, one bathroom/WC and en suite shower/wc.

The property is within walking distance of local amenities such as schools, health clinic, shops and Stevenage Train Station; 5 min walk to Stevenage train station and town centre/leisure park, 2 min walk to Hertfordshire College and Busy Bees Nursery as well as Asda supermarket, 20 min journey to Kings Cross, 2min drive to A1M, 25min drive to M1.

EPC Rating
Energy Rating Band - D
Environmental Impact Band - D

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

Key Features
  • Two bedroom first floor flat
  • Good condition
  • Electric central heating system
  • One allocated parking space
  • Double glazed
  • Close to local amenities in Stevenage
Map
Crews Hill (15.31 miles) Radlett (15.49 miles) Hadley Wood (15.91 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£116,000
Shared Ownership Resale
Estimated Monthly Cost:£1,016
Rent £295
Service Charge £143
Mortgage £578

Share percentage 50%, full price £232,000, £5,800 Min Deposit. Calculated using a representative rate of 3.94%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.