1 bedroom apartment for sale
Jefferson House, Giles Crescent, SG1 4GT
Share percentage 35%, full price £190,000, £3,325 Min Deposit.
Share percentage 35%, full price £190,000, £3,325 Min Deposit.
Monthly Cost: £817
Rent £359,
Service charge £88,
Mortgage £370*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Stevenage, Hertfordshire
Description
This warm, bright, modern one-bedroom apartment is available in Stevenage through Shared Ownership.
The property on the first floor comprises an entrance hall, a living room with a modern open-plan kitchen, one bedroom, and a bathroom.
Outside, there are communal outdoor areas and off street parking, Perfect for couples or a single person.
Available for £66,500 for 35% share based on the marketing figure of £190,000.
Monthly rent - £359.00
Monthly Service Charge - £88.23
Total Monthly Charge - £447.23 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property situates near Luton, which makes it great for travel via air, train or car.
The Thamelink travels to London in just over 40 minutes, and the A1 motorway sits just minutes from the flat. The Luton Airport has many flight routes across Europe.
There are several local amenities locally as well, with several large supermarkets in the area, a petrol station, some restaurants, and cafes.
You can also find the Stevenage shopping area in the town centre near the station with many fashion stores as well as bars and pubs.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 119
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.
Key Features
- One-bedroom apartment
- Modern kitchen
- Off-street parking
- Communal outdoor space
- Available for 35% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 35%, full price £190,000, £3,325 Min Deposit. Calculated using a representative rate of 5.03%
