Studio apartment for sale
Bradman Way, Stevenage, SG1 5RE
Share percentage 25%, full price £120,000, £3,000 Min Deposit.
Share percentage 25%, full price £120,000, £3,000 Min Deposit.
Monthly Cost: £573
Rent £295,
Service charge £127,
Mortgage £151*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A fantastic studio apartment with a communal garden available now in Hertfordshire
Description
Locally, you will find a wide range of amenities, including a selection of shops, cafes, and restaurants. For everyday essentials, a Co-op food store is just a short walk away. For bigger shopping sprees, the nearby Roebuck Centre offers a variety of mainstream shops and a popular Tesco Superstore for your weekly grocery shopping.
For those who enjoy the outdoors, this property is ideally located near several local green spaces. The scenic Fairlands Valley Park is just a short drive away, offering walking trails, a large lake, and plenty of open space for recreation. Additionally, the surrounding area is home to parks and nature reserves, perfect for a relaxing stroll or outdoor activities.
- Bus routes nearby: SB7
- Communal garden
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Tenure: Leasehold
Remaining lease term: 64 years
Annual ground rent amount: £0
Ground rent review period: Applicable on final staircasing
Annual service charge amount: £1,520.88
Service charge review period: Annually
Council tax band: B
*Financial information correct as of 27/11/2024
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 25%, full price £120,000, £3,000 Min Deposit. Calculated using a representative rate of 4.59%
(1).png "Floor Plan")