A new pathway home with Share to Buy
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4 bedroom house for sale

Available

3 Franklin Park, Lowestoft Gardens, SG1 2JB

£206,000 · Shared Ownership New Build

Share percentage 40%, full price £515,000, £20,600 Min Deposit.

Available
4 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£206,000 Shared Ownership New Build

Share percentage 40%, full price £515,000, £20,600 Min Deposit.

Monthly Cost: £1,796
Rent £708, Service charge £48, Mortgage £1,040*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

***RESERVE THIS NEW HOME BY 3RD JANUARY & RECEIVE £500 CASHBACK*** A superb opportunity to purchase this BRAND NEW 4 bedroom property at the sought after development of Franklin Park, just...

Description

***RESERVE THIS NEW HOME BY 3RD JANUARY & RECEIVE £500 CASHBACK***

A superb opportunity to purchase thisBRAND NEW4 bedroom property at the sought after development ofFranklin Park, just outsideStevenagetown centre. Available on ashared ownershipbasis, this is a great way to make your next home purchase more affordable. Franklin Parkis located in the pretty village ofTodds Green, surrounded by the lush Hertfordshire countryside. Located close to the centre of Stevenage and its excellent transport links to London.

Property Specification

Kitchen

- Contemporary fitted kitchen units with worktops

- Single electric oven

- Stainless steel gas hob

- Stainless steel/glass cooker hood

- Splashback to hob

- Integrated fridge freezer and washer dryer

- Removable dishwasher unit

- 1.5 bowl sink

- Porcelanosa floor tiles

Bathroom

- White bathroom suite

- Chrome heated towel rail

- Thermostatic shower over bath

- Glass shower screen

- Shaver socket

- Porcelanosa floor tiles

- Full height Porcelanosa wall tiles to bath area and as splash back to wash hand basin

Cloakroom

- White sanitary ware

- Porcelanosa floor tiles and as splash back to wash hand basin

Interiors

- Double glazed UPVC windows

- 80/20 carpet to all living areas

- Carbon monoxide detector

- Smoke detector

- Combi boiler

- Gas central heating

- BT phone sockets to hallway and master bedroom

- TV points to living room and master bedroom

Exteriors

- Turf to garden

- Shed

- Patio area to rear garden

- Not all rear gardens may be level - they vary on a plot to plot basis

- 2 allocated parking spaces

- 125 year lease

- NHBC 12 year warranty

The Local Area

There's plenty to explore in the local area. With Hitchin and Stevenage just a short drive away, you'll find an excellent selection of independent and high street shops and restaurants. For travel further afield, the A1(m) is right on your doorstep, whilst Stevenage and Hitchin train stations offer direct links into Central London making Franklin the perfect location for commuters.

Only a 10 minute drive from Franklin Park, Stevenage offers everything you need, including supermarkets, banks, schools and high street shopping. There is also a wide selection of pubs, restaurants and entertainment to choose from.

Transport Links

Franklin Park benefits from excellent transport links. Franklin Park is located within easy access to Stevenage, Luton and London, via the A1(M), A505, M1 and M25. London is only 35 miles, while Luton Airport can be reached in 30 minutes. Meanwhile, Stevenage railway station is under two miles away and operates direct services to London King's Cross in as little as 25 minutes.

Shared Ownership

The full market price of this property is £515,000, with shares available from 40% subject affordability. Based on a 40% share there is a monthly rental of £708.13, and a monthly service charge of £48.34. Interested parties are requested to complete a short financial assessment prior to application.

Key Features
  • Four Bedroom Semi Detached
  • £500 Cashback
  • Brand New Development
  • Available on Shared Ownership
  • Off Road Parking for 2 Vehicles
  • Close to Stevenage Town Center
  • Contact Us Today For More Information
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Stevenage (1.67 miles) Hitchin (2.78 miles) Knebworth (4.06 miles)
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

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.

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  • 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.

£206,000
Shared Ownership New Build
Estimated Monthly Cost:£1,796
Rent £708
Service Charge £48
Mortgage £1,040

Share percentage 40%, full price £515,000, £20,600 Min Deposit. Calculated using a representative rate of 4.59%


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.