2 bedroom apartment for sale
Waterloo Court, Mayfield Road, KT12 5AD
Share percentage 50%, full price £325,000, £8,125 Min Deposit.
Share percentage 50%, full price £325,000, £8,125 Min Deposit.
Monthly Cost: £1,577
Rent £507,
Service charge £165,
Mortgage £905*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Walton On Thames, Surrey
Description
A contemporary, beautifully presented two-bedroom apartment in Surreyis available for Shared Ownership. This property comprises two spacious double bedrooms, a bright open-plan living space with a kitchen, and a bathroom with a bathtub. The property benefits from an allocated parking space and great travel links withWalton-on-Thames rail station being just a short walk away.
Minimum income required: £59,562
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £162,500 for 50% share based on the marketing figure of £325,000.
Monthly rent - £506.98
Monthly Service Charge - £164.99
Total Monthly Charge - £671.97 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is within close proximity of the nearest rail mainline station Walton-on-Thames, with services into Central London The property is close to local amenities; a short drive to several gyms and large supermarkets or 10 minutes walk to the "Express" supermarket, and less than 16 mins walk to a local primary and secondary school.
There are several transport links nearby such as Walton-on-Thames train station(0.2 miles) which takes you into Waterloo in as little as 24 mins. Hersham Village and Walton High Street are within a 20-minute walk or a short drive. Also, A3 and M25 are within easy reach and bus stops are within a few minutes walk to Kingston, Esher, Addlestone, and Weybridge.
Energy Rating Band - B
Environmental Impact Band - B
Ground Floor:
Communal entrance lobby with staircase and lift
Second Floor:
Private entrance hall with fitted storage cupboard.
Bathroom with WC
Bedroom one:
3.27 x 3.58.
Bedroom two:
4.45 x 3.08 (maximum dimensions).
Open plan kitchen/reception area:
5.47 x 5.07 (maximum dimensions)
Outside:
Communal grounds and areas, including bin and bike stores. Allocated parking space.
Years remaining on lease: 91
In certain cases, 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.
Key Features
- Two bedrooms
- Second floor
- Close to Walton-on-Thames station
- Allocated parking
- Communal grounds
- 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 £325,000, £8,125 Min Deposit. Calculated using a representative rate of 5.03%
