£96,250
2 bed flat for saleShapiro House, Stevenage, Hertfordshire SG1
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two-bedroom apartment
Wrap around balcony
Allocated parking
Access to shared garden area
Available for 35% share
5% minimum deposit only
Bright and modern two-bedroom apartment now available in Stevenage, through Shared Ownership.
The apartment features an entrance hallway, an open-plan living room and kitchen, two bedrooms, and a bathroom.
The flat offers residents a wrap-around balcony, allocated off-street parking and access to a shared garden area.
Available for £96,250 for 35% share based on the marketing figure of £275,000.
Monthly rent - £510.21
Monthly Service Charge - £89.35
Total Monthly Charge - £599.56 plus mortgage required for 35% 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 situated in an established area convenient for all usual amenities. It's close to the A1 motorway and the two airports of Luton and Stansted.
Travel to London is also convenient, thanks to the train station. You can reach Central in under an hour.
The town of Stevenage also has a lot to offer, thanks to its strategic travel location: Restaurants, bars, pubs, large supermarkets, and several schools.
There are also multiple parks and green areas nearby.
EPC rating
Energy rating band - B
Environmental rating 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 (117 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
35%