2 bed flat for sale

East Terrace, Stevenage, Hertfordshire SG1

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

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

Outside, there is allocated parking and communal gardens. Perfect for couples and small families.

The property is located in an established mixed-use location comprising both commercial and residential uses.

Available for £150,500 for 70% share based on the marketing figure of £215,000.

Monthly rent - £211.49
Monthly Service Charge - £216.34
Total Monthly Charge - £427.83 plus mortgage required for 70% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is located just outside Stevenage's town centre and just a few minutes away from the railway station. The train travels to Kings Cross, in Central London, in 27 minutes from there.

The close A1 motorway is just a few minutes' away drive for travel north or south from the town.

Luton and its incredibly convenient airport is also just 30 minutes away from the flat by car.

All local amenities are nearby, including several supermarket chains, restaurants, pubs and schools, many of which are within walking distance.

EPC rating

Energy rating band - C
Environmental impact band - B

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.