Summary - Giles Crescent, Stevenage, SG1 SG1 4FQ
2 bed 1 bath Flat
Ideal starter home for commuters seeking affordable central living and outdoor space.
- 45% shared ownership available; 5% minimum deposit on share
- One bathroom; two bedrooms; average overall size (≈692 sq ft)
- Juliet balcony and access to shared garden area
- Allocated off-street parking included
- Monthly rent £394.45; service charge £94.69 (below average)
- EPC band B; fast broadband and excellent mobile signal
- 118 years remaining on lease; leasehold tenure (seek mortgage advice)
- Annual rent increase each April; shared-ownership restrictions apply
This bright two-bedroom apartment in Stevenage is offered through Shared Ownership, making central commuting and homeownership more accessible. The open-plan living area opens to a Juliet balcony, and the layout suits couples or small families seeking a manageable first step on the property ladder. Allocated off-street parking and access to a shared garden add useful outdoor space.
Financially this is aimed at buyers who need a lower deposit: a 45% share is available with a 5% minimum deposit on that share. Monthly costs illustrated are split into rent (£394.45) and a below-average service charge (£94.69), though purchasers should budget for an annual rent increase each April and any mortgage needed for the remaining share.
The flat sits close to Stevenage town centre, the A1 and the railway station (around 30 minutes to London King’s Cross), which suits commuters. Practical details include an Energy Performance Certificate band B, a 118-year lease remaining, low local crime, fast broadband and excellent mobile signal.
Important drawbacks: this is a leasehold Shared Ownership property. Rent increases, service charges and lease length can affect future saleability and mortgage options. Buyers should seek legal and financial advice to confirm suitability before proceeding.
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