Shared Ownership
This superb modern home is available to buy from as little as £96,250 with a 35% share!
Situated in the sought-after Copeland House on Giles Crescent, this well-presented top-floor two-bedroom apartment offers contemporary living in a convenient Stevenage location.
The property features a bright and spacious open-plan living area with direct access to a private balcony, providing an ideal space to relax or entertain. The modern kitchen is thoughtfully designed with ample storage and workspace, while both bedrooms are well-proportioned, offering comfortable accommodation for professionals, couples, or small families.
Further benefits include allocated parking, a secure entry system, and the advantage of a long lease, making this an attractive opportunity for buyers.
Ideally located in the popular Copeland House development on Giles Crescent, the property is within easy reach of Stevenage town centre, offering a wide range of shopping, dining and leisure facilities, as well as the characterful Old Town with its independent cafés, restaurants and pubs. Stevenage mainline railway station provides fast, direct services to London King's Cross and St Pancras International in around 20–25 minutes, while the nearby A1(M) offers excellent road links. Residents also benefit from nearby parks, including Fairlands Valley Park, and Stevenage's extensive network of cycle paths, making this a superb location for commuters and those seeking a convenient lifestyle.
PRICING & AFFORDABILITY
Full Market Value: £275,000
35% Share Price: £96,250 (rent £545.83 pcm)
Minimum 5% Mortgage Deposit (35% share): £4812.50
Approximate Service Charges: £81.22 pcm*
Lease: 117 years
ELIGIBILITY
Shared 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 £275,000 and a purchaser would not need to meet the eligibility criteria listed above.
