Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Apartment
Studio
Not specified
1/13
Available
£30,000
Bradman Way, Stevenage, SG1 5RE
Share 25% / Full price £120,000 / Min deposit £3,000
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £80,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Description
Property reference number: 1639531
This delightful home offers excellent connectivity with the nearby Stevenage railway station, just a short drive or bus ride away. From here, commuters can enjoy direct and fast rail links to London King's Cross in under 30 minutes. The A1(M) is also easily accessible, providing convenient road links to the surrounding area and beyond.
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.
- Nearest stations: Stevenage station (3 miles) - Bus routes nearby: SB7
Key features: - Communal garden
- Allocated parking
- Integrated appliances including a black Zanussi Cooker, black Matrix-Hob, white fridge and freezer, electric microwave (CDA)
Financial information 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
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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.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£30,000
Shared Ownership Resale
Full price £120,000
Estimated monthly cost£571
Rent£295
Service charge£127
Mortgage£149
Calculated using a representative rate of 4.42%
Share
Deposit
£
How is this calculated?
How is this calculated?
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.
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