2 bedroom flat

40% SHARED OWNERSHIP We are delighted to present to the market this turnkey ready and spacious Two Bedroom First Floor Flat, situated within the popular Chrysalis Park area of Stevenage.

We are delighted to present to the market this turnkey ready and spacious Two Bedroom First Floor Flat, situated within the popular Chrysalis Park area of Stevenage. A secure phone entry system provides access to the communal entrance lobby, with stairs rising to the first floor and the private entrance door to the flat. The accommodation briefly comprises: a generous Entrance Hall with access to both an airing cupboard and a useful storage cupboard, Two Well-Proportioned Bedrooms, and a modern Bathroom. At the heart of the home is a bright and spacious Open-Plan Lounge and Kitchen. The kitchen has been stylishly upgraded to include sleek white gloss units, integral appliances, striking concrete-effect worktops with matching splashbacks, and a breakfast bar, whilst the lounge enjoys Juliet balcony doors to the front aspect. Externally, the property benefits from a secure allocated parking space, accessed via a remote-controlled shutter to the residents’ car park. Also available to buy at full market value of £230,000. An ideal first-time purchase or investment opportunity. Viewing is highly recommended to fully appreciate what’s on offer.

Dimensions - Entrance Hallway
Lounge/Kitchen 22'5 x 11'0
Bedroom 1: 12'7 x 11'1
Bedroom 2: 17'1 x 8'5 (max to max)
Bathroom 7'1 x 6'6

N.B. - Approx. 110 years remaining on the lease.
Approx. £158.52 pcm service charge (inc buildings insurance).
Approx. monthly rent £396.78
Also available to buy at 100% at £230,000.

Who Can Apply? - You can buy a home through shared ownership if both of the following are true:

Your household income is £80,000 a year or less (£90,000 a year or less in London)

You cannot afford all of the deposit and mortgage payments for a home that meets your needs.

One of the following must also be true:

You’re a first-time buyer
You used to own a home but cannot afford to buy one now.
You’re forming a new household - for example, after a relationship breakdown.
You’re an existing shared owner, and you want to move.
You own a home and want to move but cannot afford a new home that meets your needs.
For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.

Check if you’re eligible to buy a home through shared ownership.

If you own a home

When you buy a shared ownership home, you must have:

Formally accepted an offer for the sale of your current home (called ‘sold subject to contract’ or ‘STC’).
Written confirmation of the sale agreed (called a ‘memorandum of sale’) including the price and your intention to sell.
You must have completed the sale of your home on or before the date you complete buying your shared ownership home.

Older people

If you’re aged 55 or over at the time of buying the home, you can buy up to a 75% share through the Older Persons Shared Ownership (OPSO) scheme. Once you own 75%, you will not pay rent on the rest.