2 bedroom apartment for sale
Overton Court, , GU10 1EY
Share percentage 65%, full price £235,000, £15,275 Min Deposit.
Share percentage 65%, full price £235,000, £15,275 Min Deposit.
Monthly Cost: £1,118
Rent £187,
Service charge £160,
Mortgage £771*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Farnham, Surrey
Description
Spacious apartment in Farnham comprises two bedrooms, hallway,living/kitchen area, and bathroom. The property benefits from an allocated parking space and good access to local amenities.
- Minimum income requirement - £47,392
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
Available for £152,750 for 65% share based on the marketing figure of £235,000.
SO Resi Monthly Payment - £186.91
Monthly Service Charge - £160.23
Total Monthly Charge - £347.14 plus mortgage required for 65% share.
A two bedroom first floor apartment located in Farnham available for sale through the Shared Ownership Scheme.
Read more about our Covid-19 update: https://soresi.co.uk/covid-19-message-resales/
Layout and dimensionsHallway
Lounge:
5.56m x 4.02m + 0.28m x0.76m + 1.88m
x 1.82m
Kitchen:
2.17m x 2.55m
Bathroom 3 piece suite with shower over bath
Bedroom 1:
Wardrobe
3.03m x 3.78m
Bedroom 2:
Wardrobe 2.93m x 3.23m + 0.91m x 1.72m
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedrooms
- First floor flat
- Excellent condition
- Contemporary design
- Gas heating
- Allocated parking space
- Secure bike storage
- Communal gardens
- Close to local amenities
- Available for 65% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 65%, full price £235,000, £15,275 Min Deposit. Calculated using a representative rate of 4.59%
