1 bedroom apartment for sale
Printing House Square, , GU1 4AJ
Share percentage 50%, full price £295,000, £7,375 Min Deposit.
Share percentage 50%, full price £295,000, £7,375 Min Deposit.
Monthly Cost: £1,562
Rent £294,
Service charge £446,
Mortgage £822*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Guildford, Surrey
Description
Beautifully presented, third-floor apartment within Guildford town centre is available through the Shared Ownership. The property comprises one double bedroom, an open-plan modern kitchen, a living area with space for a dining area and floor-length windows, and a modern bathroom with a shower over bath. The apartment is located within walking distance of the town centre which has great travel links and access to local amenities. The property also comes with an underground allocated parking space and communal grounds.
Available for £147,500 for 50% share based on the marketing figure of £295,000.
Monthly rent - £294.37
Monthly Service Charge - £446.28
Total Monthly Charge - £740.65 plus mortgage required for 50% share.
An annual rent increase takes place every April
Layout and dimensionsGround Floor:
Communal entrance lobby with staircase and lift
Third Floor:
Private entrance hall with fitted storage cupboard.
Bathroom with WC
Open plan kitchen/reception room:
2.28m x 2.01m plus 2.80m x 5.36m
Bedroom with fitted cupboard:
2.64m x 4.21m
Outside:
Communal grounds and areas, including bin and bike stores. Allocated underground parking space.
Service charge includes heating and hot water.
Years remaining on lease: 85
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
EPC ratingEnergy Rating Band - C
Environmental Impact Band - C
Key Features
- One bedroom apartment
- Communal grounds
- Town centre location
- Allocated parking space
- Walking distance to Guildford station
- 5% deposit
- Available for 50% 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 50%, full price £295,000, £7,375 Min Deposit. Calculated using a representative rate of 5.03%
