£119,250
2 bed flat for saleChilton House, Stevenage, Hertfordshire SG1
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two-bedroom apartment
Ensuite bedroom
Juliet balcony
Allocated parking
Available for 45% share
5% minimum deposit only
Bright and modern two-bed apartment now available in Stevenage through Shared Ownership.
The property on the fourth floor comprises an entrance hall, a spacious living room with a modern open-plan kitchen, two good-sized bedrooms (one en-suite room), a bathroom and a Juliet balcony.
Outside, there is allocated parking and communal outdoor space. Perfect for couples and small families.
Available for £119,250 for 45% share based on the marketing figure of £265,000.
Monthly rent - £404.09
Monthly Service Charge - £90.94
Total Monthly Charge - £495.03 plus mortgage required for 45% share.
An annual rent increase takes place every April
Location
The property is located just outside the town centre of Stevenage, in a strategic travel area, about 1.5 miles away from the A1 motorway and the railway station. The train can travel to Kings Cross, in Central London, in about half an hour from there. Both public and road travel are very convenient from the property.
You can also reach the London Luton Airport in less than half an hour by car.
Stevenage is a town that's undergoing major regeneration projects, thanks to the £1bn funding. The surrounding area is now full of shops, pubs, and restaurants, with all local amenities available nearby and in the town centre.
There is also a large hospital close by and a few parks.
Stevenage also offers a wide range of schools for all levels.
With its convenient commuting location and all the services offered by the town, Stevenage makes it a perfect place to live.
EPC rating
Energy rating band - B
Environmental impact band - B
Other information
This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
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.
More information
Tenure
Leasehold (118 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
45%