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Marsh Court

Shared ownership

Marsh Court, Admiral Drive, Stevenage, SG1 4GB

Sale under offer
Photo of Marsh Court
Photo of Marsh Court
Photo of Marsh Court
Photo of Marsh Court
Photo of Marsh Court
Photo of Marsh Court
Photo of Marsh Court
Photo of Marsh Court
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2 bedroom flat

This two bedroom, second floor apartment is an ideal opportunity to get on to the property ladder with Hastoe.

 Property features: 

 Secured parking space

 Fitted kitchen

 Double glazing

 Over-bath shower

 Juliet balcony

  

 Kitchen: 4.2m x 2.4m

  

 Living room: 5m x 3.2m

  

 Bathroom: 2.2m x 2.0m 

  

 Bedroom 1: 3.5m x 2.8m

  

 Bedroom 2: 3.5m x 3.4m 

  

  

 Purchase Requirements:

 Be a first time buyer or not currently own a property. 

 Demonstrate you meet the minimum income requirements. 

 Demonstrate a deposit sufficient to obtain a mortgage for the property.

 Be registered with your Help to Buy agent

 

 

Features

Off street parking

Wheelchair accessible

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£60,000

with min. deposit

£3,000

30% Share from
£60,000
Full market price
£200,000
Minimum deposit
£3,000
Monthly rent
£306
Monthly service charge
£123.71
Hastoe

Hastoe

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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