£112,000
2 bed flat for saleCopeland House, Stevenage, Hertfordshire SG1
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two bedroom apartment
Modern kitchen
Private balcony
Allocated parking
Available for 40% share
5% minimum deposit only
This well-decorated and vibrant two-bedroom apartment is now available in Stevenage through Shared Ownership.
The property on the third floor comprises an entrance hall with storage space, a spacious living room with an open-plan kitchen, two bedrooms, and a bathroom.
Outside, there is a private wrap-around balcony, allocated parking and a shared garden area. Perfect for couples and small families.
Available for £112,000 for 40% share based on the marketing figure of £280,000.
Monthly rent - £472.73
Monthly Service Charge - £92.82
Total Monthly Charge - £565.55 plus mortgage required for 40% 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
There are good schools nearby, a supermarket right under the development, close to the bus stop going to Stevenage railway station with trains to London kings cross in 23 mins. The flat is situated 2.2 miles to the northeast of Stevenage and benefits from close proximity to the A1(M). There are 9 schools within 1 mile. The nearest train stations are Stevenage (2.2 miles), Knebworth (4 miles) & Hitchin (4.4 miles).
EPC rating
Energy Rating Band - B
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.
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More information
Tenure
Leasehold (118 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%