Share percentage 50%, full price £255,000, £6,375 Min Deposit.
Monthly Cost: £1,042
Rent £230,
Service charge £102,
Mortgage £710*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
First floor apartment with ensuite to master bedroom
Description
This two bedroom, first floor apartment is in Farnborough. Balcony and ensuite provided! Available on Shared Ownership resale, you could buy with just a 5% deposit.
Featuring an open-plan living area, with doors to your balcony. The kitchen is fitted with an oven, gas hob and hood.
There are two comfortable bedrooms, with an ensuite and wardrobes to the master. The bathroom has a modern, white suite. You'll also have your own parking space.
Key Features
- Open-plan living area with balcony
- Fitted kitchen with oven, hob and hood
- Modern, white bathroom suites
- Your own parking space
- Service charge is reviewed once a year
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
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 £255,000, £6,375 Min Deposit. Calculated using a representative rate of 5.03%
