£102,000 /Sale price

This superb modern home is available to buy from as little as £102,000 with a 40% share!This spacious top-floor flat in the sought-after Royston offers two well-proportioned bedrooms, a modern bathroom, and a kitchen and separate living room that opens onto a generous balconyperfect for outdoor relaxation. Residents benefit from convenient communal parking and well-maintained communal areas.Situated in a vibrant neighborhood, the property is within walking distance of local shops, cafes, and green spaces, providing everything you need for daily living. For commuters, the nearby Royston Railway Station offers direct services to London King's Cross in approximately 40 minutes, making it an excellent choice for professionals seeking easy access to the capital. Additionally, the area boasts excellent bus connections, ensuring seamless travel within Stevenage and to surrounding towns.Whether you're a first-time buyer, a small family, or a professional seeking a well-connected home, this flat combines comfort, convenience, and a welcoming community atmosphere.PRICING & AFFORDABILITYFull Market Value: £255,00040% Share Price: £102,000 (rent £452.47pcm)Minimum 5% Mortgage Deposit (40% share): £5,100Approximate Service Charges: £78.69pcm* Lease: 82 years ELIGIBILITYShared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright although this is not a guarantee.To be eligible for shared ownership you would need to meet the following criteria: Your annual household income does not exceed £80,000 You have a deposit of at least 5% of the share value You do not own another property or have your name on the deeds or a mortgage for a property worldwide. This will be your only residence. You are a permanent UK resident or have indefinite right to remain.*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.** This home can also be purchased outright (100% of the value) which is £255,000 and a purchaser would not need to meet the eligibility criteria listed above.