2 bedroom apartment for sale
Copeland House, Giles Crescent, SG1 4GS
Share percentage 50%, full price £270,000, £6,750 Min Deposit.
Share percentage 50%, full price £270,000, £6,750 Min Deposit.
Monthly Cost: £1,225
Rent £382,
Service charge £91,
Mortgage £752*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Stevenage, Hertfordshire
Description
This bright, modern, well decorated two bedroom apartment is now available in Stevenage through Shared Ownership.
The property on the first floor comprises of an entrance hall, a spacious living room, a modern open plan kitchen, two bedrooms (one ensuite) and a bathroom.
Outside, there is a private balcony, allocated parking and a shared garden area. Perfect for couples and families.
Available for £135,000 for 50% share based on the marketing figure of £270,000.
Monthly rent - £381.75
Monthly Service Charge - £90.82
Total Monthly Charge - £472.57 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThere are good schools nearby, a supermarket right under the development, close to the bus stop going to Stevenage railway station with trains to London kings cross in 23 mins.
The flat is situated 2.2 miles to the northeast of Stevenage and benefits from close proximity to the A1(M). There are 9 schools within 1 mile. The nearest train stations are Stevenage (2.2 miles), Knebworth (4 miles) & Hitchin (4.4 miles).
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
- Ensuite bedroom
- Allocated parking
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document 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 50%, full price £270,000, £6,750 Min Deposit. Calculated using a representative rate of 5.03%
