Low-deposit shared ownership flat, minutes from Stevenage station — ideal for first-time buyers..
Allocated off-street parking space
Fourth-floor two-bedroom apartment, small overall size
Available as 25% Shared Ownership; 5% minimum deposit
Monthly rent approx £588.18 plus service charge £215.99
Annual rent increase every April
Electric room heaters — higher running costs possible
Leasehold with 191 years remaining
Located under five minutes from station and town centre
This bright two-bedroom fourth-floor apartment in Six Hills House offers an affordable route onto the property ladder via Shared Ownership. The home has an open-plan living room with a modern fitted kitchen, two bedrooms and a bathroom — compact, practical accommodation suited to first-time buyers or couples.
Practical benefits include an allocated off-street parking space, communal garden access and an excellent location under a five-minute walk from Stevenage town centre and the train station (around 21 minutes to London Kings Cross). The purchase example is a 25% share priced at £58,750 with a low 5% minimum deposit requirement, making monthly costs significantly lower than buying outright.
Buyers should note this is a leasehold flat with 191 years remaining and a Shared Ownership arrangement: monthly rent (approx. £588.18) and an average service charge of £215.99 apply, and rent increases annually each April. The property is electrically heated with room heaters and runs on electricity, which can mean higher running costs compared with gas. The apartment is small in overall size and on the fourth floor, and the area records very high crime levels — these are important factors for budgeting and personal safety considerations.
Overall, the apartment is a practical, well-located starter home with immediate transport links and low up-front cost. It suits buyers prioritising affordability and proximity to transport, but those concerned about service charges, annual rent rises, electric heating or local crime levels should investigate further and seek independent advice before committing.
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