£78,750 /Sale price

Bright and modern two-bedroom apartment now available in Stevenage, through Shared Ownership.The property features an entrance hallway, an open-plan living room and kitchen, two bedrooms, and one bathroom.The property offers residents an allocated parking space.Available for £78,750 for 35% share based on the marketing figure of £225,000.Monthly rent - £418.53Monthly Service Charge - £198.40Total Monthly Charge - £616.93 plus mortgage required for 35% share.On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.An annual rent increase takes place every AprilLocationThe property is located just outside Stevenage's town centre, within an 11 minute walk from the railway station. The train travels to St Pancras Station in Central London, in less than half an hour.The close A1 motorway is just a few minutes' away drive for travel north or south from the town.The area has several shops and restaurants, with all local amenities nearby. Many schools of all levels can be found nearby, several within walking distance.EPC ratingEnergy rating band - DEnvironmental rating band - DOther informationHow we allocate Shared Ownership homesWe offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.If the home is managed by SO Resi and MTVHYou can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.