2 bedroom apartment for sale
Shapiro House, Giles Crescent, SG1 4GW
Share percentage 75%, full price £265,000, £9,938 Min Deposit.
Share percentage 75%, full price £265,000, £9,938 Min Deposit.
Monthly Cost: £1,383
Rent £187,
Service charge £89,
Mortgage £1,107*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Stevenage, Hertfordshire
Description
Modern, bright & spacious two-bedroom apartment now available in Stevenage through Shared Ownership.
The property comprises a wide living room with access to a private balcony, an open-plan fitted kitchen, and two large bedrooms. This could be ideal for a couple or a single person.
The flat is on the fourth floor of a newly built construction (circa 2018); it has allocated on-site parking space and a shared garden area.
Key Information Document
Available for £198,750 for 75% share based on the marketing figure of £265,000.
Monthly rent - £187.15
Monthly Service Charge - £89.35
Total Monthly Charge - £276.50 plus mortgage required for 75% share.
An annual rent increase takes place every April
LocationThe property is located just outside Stevenage's town centre, in the St. Nicholas district, in a tranquil residential area, and a few minutes' drive from the railway station. The train travels to Kings Cross, in Central London, in half an hour.
Motorways and highways are also close by, making road travel convenient, such as the A1(M), A505, and M11.
The town has a wide range of services, including a local hospital, a community centre and a few parks nearby. Several schools can also be found for all levels.
The Luton Airport is also quite close and about half an hour's drive, ideal for those who need to travel frequently or simply enjoy vacationing abroad.
With its convenient commuting location and travel links that the town offers, Stevenage makes it a perfect place to live.
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
- Two-bedroom apartment
- Private balcony
- Modern building (2018)
- On-site allocated parking
- Available for 75% 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 75%, full price £265,000, £9,938 Min Deposit. Calculated using a representative rate of 5.03%
