Summary - Giles Crescent, Stevenage, SG1 SG1 4GS
2 bed 1 bath Flat
Shared-ownership starter with parking and fast links to London.
- 65% shared ownership available for £178,750 (based on £275,000 valuation)
- 5% minimum deposit example; monthly rent approx £288.01
- Private balcony and allocated off-street parking
- Built 2019, EPC band B, modern open-plan kitchen/lounge
- Service charge c. £1,090pa; confirm billing frequency and future costs
- Leasehold with 118 years remaining; check mortgageability
- One bathroom (verify layout) and average overall size
- Close to schools, bus links and A1(M); 23-min train to London
A bright, modern two-bedroom flat built in 2019, offered via Shared Ownership (65% share). The apartment sits on the second floor and benefits from a private balcony, allocated off-street parking and an open-plan kitchen/living area with integrated appliances. EPC and environmental ratings are band B.
This home is aimed at buyers needing a lower deposit route into the market — a 65% share is available for £178,750 with a 5% minimum deposit example, plus a monthly rent of approximately £288.01 on the unsold equity. Annual rent reviews apply. Service charge averages £1,090 per year (illustrated as c. £90.83 monthly); purchasers should confirm billing frequency and any upcoming service works.
Practical advantages include 118 years remaining on the lease, fast broadband and excellent mobile signal, good local schools and direct bus links toward Stevenage station (trains to London King's Cross in around 23 mins). Note this is a leasehold shared-ownership property: eligibility criteria and possible local connection (Section 106) restrictions may apply, and the lease length can affect mortgage options — seek independent legal and financial advice before proceeding.
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