2 bedroom apartment for sale

Available

West Terrace, Six Hills House, Kings Road, SG1 1AW

£156,000 · Shared Ownership Resale

Share percentage 60%, full price £260,000, £7,800 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£156,000 Shared Ownership Resale

Share percentage 60%, full price £260,000, £7,800 Min Deposit.

Monthly Cost: £1,425
Rent £323, Service charge £233, Mortgage £869*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

A 2 bed shared ownership property available in Stevenage, Hertfordshire

Description

Bright and modern two-bedroom apartment now available in Stevenage through Shared Ownership.

The property on the eighth floor comprises an entrance hall, a living room with a modern open-plan kitchen, two large bedrooms, one of them ensuite, and a shared bathroom. This could be great for a couple or a small family.

A large balcony can also be accessed from the ensuite bedroom and the living room.

The property was a commercial premise converted in 2016. There is allocated parking and a shared garden area.

Available for £156,000 for 60% share based on the marketing figure of £260,000.

Monthly rent - £323.16
Monthly Service Charge - £233.43
Total Monthly Charge - £556.59 plus mortgage required for 60% share.

An annual rent increase takes place every April

Location

The property is conveniently situated less than a 5-minute walk from Stevenage Town Centre and the Train Station. This prime location offers access to an extensive array of local amenities, along with direct train services to London Kings Cross taking only 21 minutes. Stevenage itself boasts both New and Old Towns, enriching the area with a blend of modern and historical charm.

Moreover, the property enjoys easy access to the A1M, providing straightforward routes to London, the M25, and the North. Local roads also ensure easy travel to nearby towns such as Hitchin, Letchworth, Baldock, Welwyn Garden City, and Hertford, enhancing the appeal of this well-positioned home.

EPC rating

Energy rating band - D
Environmental impact band - D

Lease information

Years remaining on lease: 191

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
    Particulars

    Tenure: Not specified
    Council Tax Band: Not specified

    Property Downloads
    Floor Plan
    Map
    Stevenage (0.14 miles) Knebworth (2.29 miles) Hitchin (4.55 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.

    Read More Read Less
    • 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.

    £156,000
    Shared Ownership Resale
    Estimated Monthly Cost:£1,425
    Rent £323
    Service Charge £233
    Mortgage £869

    Share percentage 60%, full price £260,000, £7,800 Min Deposit. Calculated using a representative rate of 5.03%


    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.