Low deposit route into Stevenage with parking and balcony access.
40% shared ownership opportunity, £106,000 for the share
5% minimum deposit requirement for eligible purchasers
Allocated off-street parking space included
Juliet balcony and shared garden access
Built 2019; EPC rating B and fast broadband
Monthly rent £433.90 with annual April increases
Service charge £90.94 monthly (approx. £1,091.28 yearly)
Leasehold with 118 years remaining; seek legal advice
Bright, modern two-bedroom apartment offered via Shared Ownership, ideal for first-time buyers seeking an affordable step onto the property ladder. Built in 2019, the home has an open-plan living area with a Juliet balcony, an integrated kitchen, and access to a communal garden. The property includes an allocated off-street parking space and benefits from an EPC B rating and fast broadband.
This is a 40% share sale based on a £265,000 valuation (share price £106,000). Monthly costs include rent of £433.90 and a service charge of £90.94, totalling around £525 before mortgage payments. There is an annual rent uplift each April, and buyers will need to arrange finance for the share and meet shared-ownership eligibility criteria.
Practical points to note: the flat is leasehold with 118 years remaining; resale and mortgage options can be affected by lease length so seek independent legal and financial advice. The apartment has one bathroom and a modest overall size (approx. 700 sq ft), so consider space needs if you require extra storage or another bathroom. The area suits commuters and young families, with good transport links to Stevenage station and nearby schools.
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