2 bed flat for sale

West Terrace, Stevenage, Hertfordshire SG1

This bright, modern two-bedroom apartment is now available in Stevenage through Shared Ownership.

The property on the fifth floor comprises an entrance hall, a living room with a modern open-plan kitchen, two bedrooms (one en-suite), and a bathroom.

Outside, there is allocated off-street parking and a shared communal garden area. Perfect for couples and small families.

Available for £84,000 for 35% share based on the marketing figure of £240,000.

Monthly rent - £515.12
Monthly Service Charge - £221.87
Total Monthly Charge - £736.99 plus mortgage required for 35% share.

An annual rent increase takes place every April

Location

The property is conveniently situated less than a 5-minute walk from Stevenage Town Centre and the Train Station. This prime location offers access to an extensive array of local amenities, along with direct train services to London Kings Cross taking only 21 minutes. Stevenage itself boasts both New and Old Towns, enriching the area with a blend of modern and historical charm.

Moreover, the property enjoys easy access to the A1M, providing straightforward routes to London, the M25, and the North. Local roads also ensure easy travel to nearby towns such as Hitchin, Letchworth, Baldock, Welwyn Garden City, and Hertford, enhancing the appeal of this well-positioned home.

EPC rating

Energy rating band - D
Environmental impact band - D

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

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.