Share Price £115,500 (from 55% Min. Share)

Full Value £210,000 | £5,775 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Stevenage - Hertfordshire

place Stephenson Mews, SG2 8UW

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Clarion Housing Group resales

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Fantastic two bed apartment with juliet balcony off living area - buy with just a 5% deposit*


Eligibility

  • Minimum salaries required are: £36,970 (single), £40,970 (joint) based on a minimum deposit.
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants must be registered with Share to Buy
  • Applicants should have a live and/or work connection to the Stevenage district
  • Priority will be given to serving military personnel

Information correct as December 2019


Description

A fantastic opportunity to own this well presented third floor two bedroom apartment which is available from just £115,500* through shared ownership.

The spacious living/dining room has a large floor to ceiling door/window unit which allows plenty of natural daylight into the room, with the door opening onto a juliet balcony.

The partially separated kitchen is fitted with shaker wooden units, integrated stainless steel cooker, hob and integrated extractor fan.

Both bedrooms are bright and airy provide plenty of flexible living space.

In addition the apartment benefits from access to off-street parking.

The property is ideally located close to Stevenage town centre, local shops, amenities and schools.

The property has great transport links as Stevenage railway station offers frequent direct train services into London Kings Cross and there is easy access to the A1(M) so you have choices to explore further afield at your convenience.

Early viewing is highly recommended.

For further information please contact Emmanuel Abe on 0300 456 0615 Ext 9769


Key Features

  • Buy with just 5% deposit*
  • Third floor two bedroom apartment
  • Less than 6 years old
  • Access to off-street parking
  • 112 years remaining on lease
  • Fixtures and fitting to be agreed
  • The property is ideally located close to Stevenage town centre, local shops, amenities and schools
  • Stevenage railway station offers frequent direct train services into London Kings Cross
  • Current Energy Efficiency Rating: C

*terms and conditions apply


Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 115,500
Min. £115,500
Share percentage
Min. 55%
Your deposit
Min. £5,775
Monthly cost*
£919
Cost breakdown
£281
Rent
£62
Service charge
£576
Mortgage*
Calculated using a representative rate of 3.94%
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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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.