1 bedroom apartment for sale
Kidwell Place, , KT11 1FA
Share percentage 30%, full price £325,000, £4,875 Min Deposit.
Share percentage 30%, full price £325,000, £4,875 Min Deposit.
Monthly Cost: £1,170
Rent £515,
Service charge £112,
Mortgage £543*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Cobham, Surrey
Description
A contemporary second-floor apartment in Cobham, Surrey available through the Shared Ownership Scheme. The property comprises a large bedroom, an open-plan kitchen/reception area, a hallway with fitted storage cupboards, and a bathroom with WC. The property comes with an allocated parking space. It's a fantastic opportunity for a single person or couple.
KID Document
Available for £97,500 for 30% share based on the marketing figure of £325,000.
Monthly rent - £515.15
Monthly Service Charge - £112.07
Total Monthly Charge - £627.22 plus mortgage required for 30% share.
An annual rent increase takes place every April
Layout and dimensionsLiving room with open plan kitchen:
4.36m x 5.96m
Main bedroom:
3.185m x 4.26m
Bathroom/WC:
2.1m x 2m
Years remaining on lease: 121
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 - B
Environmental Impact Band - B
Key Features
- One bedroom
- Second floor
- Close to local amenities
- Located opposite Painshill Park and the River Mole
- Communal garden
- 5% deposit
- Available for 30% 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 30%, full price £325,000, £4,875 Min Deposit. Calculated using a representative rate of 5.03%
