2 bedroom apartment for sale
Available
Stephenson Mews, SG2 8UW
£115,500 · Shared Ownership Resale

Share percentage 55%, full price £210,000, £5,775 Min Deposit.

Available
2 bedrooms
£115,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £210,000, £5,775 Min Deposit.

Monthly Cost: £919
Rent £281, Service charge £62, Mortgage £576*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
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

Summary

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

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

Map
Crews Hill (15.11 miles) Hadley Wood (15.92 miles) Radlett (15.93 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.

£115,500
Shared Ownership Resale
Estimated Monthly Cost:£919
Rent £281
Service Charge £62
Mortgage £576

Share percentage 55%, full price £210,000, £5,775 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.