2 bed Flat For Sale £127,500
Shared ownership
This apartment is available to buy for as little as £127,500 for a 50% share.
Offered to the market stand this beautifully presented 2 bedroom apartment in Giles Crescent, Stevenage.
This apartment benefits from an entrance hall with ample storage, two double bedrooms, family bathroom, open plan kitchen and living room with a Juliet balcony.
This apartment also benefits from having an allocated parking space, is beautifully presented throughout and is available to view immediately.
Pricing and affordability:
Full Market Value: £255,000
Rent (50% share): £298.66 pcm
Service Charge: £43.63 pcm
Lease: 121 years remaining
Eligibility
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Chilton House, you can buy a 40% share of your home and when you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000 (£90,000 in London).
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
This apartment is available to buy for as little as £127,500 for a 50% share.
Offered to the market stand this beautifully presented 2 bedroom apartment in Giles Crescent, Stevenage.
This apartment benefits from an entrance hall with ample storage, two double bedrooms, family bathroom, open plan kitchen and living room with a Juliet balcony.
This apartment also benefits from having an allocated parking space, is beautifully presented throughout and is available to view immediately.
Pricing and affordability:
Full Market Value: £255,000
Rent (50% share): £298.66 pcm
Service Charge: £43.63 pcm
Lease: 121 years remaining
Eligibility
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Chilton House, you can buy a 40% share of your home and when you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000 (£90,000 in London).
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
