1 bed Flat For Sale £70,000
Modern and spacious one-bedroom apartment now available in Stevenage with Shared Ownership.
This newly built residential block situates on the second floor and has a large living room with open-plan fitted kitchen, as well as allocated parking spot. This could be ideal for a couple, single person or small family.
Key Information Document
Minimum income required: £26,831
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £70,000 for 35% share based on the marketing figure of £200,000.
Monthly rent - £310.09
Monthly Service Charge - £77.18
Total Monthly Charge - £387.27 plus mortgage required for 35% share.
An annual rent increase takes place every April
Layout and dimensions
Gross internal floor area 47 m2
Living room & Kitchen 7.14 x 3.63 m
Bedroom 3.94 x 2.77 m
EPC rating
Energy rating band - B
Environmental impact band - B
Other information
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.
This newly built residential block situates on the second floor and has a large living room with open-plan fitted kitchen, as well as allocated parking spot. This could be ideal for a couple, single person or small family.
Key Information Document
Minimum income required: £26,831
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £70,000 for 35% share based on the marketing figure of £200,000.
Monthly rent - £310.09
Monthly Service Charge - £77.18
Total Monthly Charge - £387.27 plus mortgage required for 35% share.
An annual rent increase takes place every April
Layout and dimensions
Gross internal floor area 47 m2
Living room & Kitchen 7.14 x 3.63 m
Bedroom 3.94 x 2.77 m
EPC rating
Energy rating band - B
Environmental impact band - B
Other information
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.
