Summary - Copeland House, Giles Crescent, Stevenage, SG1 SG1 4GS
1 bed 1 bath Flat
50% shared ownership — modern one-bed with balcony and parking, ideal for first-time buyers and commuters.
- One-bedroom first-floor flat with private balcony
- Open-plan living and modern integrated kitchen
- Off-street parking and shared communal gardens
- 50% shared ownership; buy for £100,000 (based on £200,000)
- Monthly total charge (rent + service charge) £392.69
- Service charge approximately £1,018.20 per year
- Leasehold with 118 years remaining; may affect mortgages
- Annual rent increase each April
This bright one-bedroom apartment on the first floor offers practical, low-maintenance living with commuter-friendly links to London. The open-plan living area and modern kitchen open to a private balcony, creating a light, contemporary feel suitable for singles or couples. Off-street parking and shared communal gardens add everyday convenience.
The property is offered as a 50% shared ownership at a £100,000 sale price (based on a £200,000 valuation). Monthly outgoings for the 50% share are: rent £307.84 and service charge £84.85 (total £392.69), with an annual rent increase each April. Council tax is described as cheap and EPC is Band B.
Important practical points: the flat is leasehold with 118 years remaining, a service charge of £1,018.20 annually, and a minimum 5% deposit on the 50% share. These factors affect mortgage availability and overall running costs, so obtain independent legal and financial advice before committing. The location serves commuters well — Stevenage station is reachable by local bus with a 23-minute rail journey to London King’s Cross — and local broadband and mobile signals are strong.
Overall, this apartment suits first-time buyers or commuters seeking an affordable entry into ownership with modern fixtures and convenient transport links. It is not a zero-maintenance buy: shared-ownership rent, service charge and the leasehold status are material considerations for affordability and future saleability.
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