2 bedroom apartment for sale
Park Heights, Constitution Hill, GU22 7RT
Share percentage 40%, full price £295,000, £5,900 Min Deposit.
Share percentage 40%, full price £295,000, £5,900 Min Deposit.
Monthly Cost: £1,743
Rent £769,
Service charge £317,
Mortgage £657*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Woking, Surrey
Description
Bright & spacious two-bedroom apartment now available in Woking through Shared Ownership.
The property comprises a good-sized living room, an open-plan fitted kitchen, and two bedrooms, of which the smaller one could be used as a study room or kid's bedroom. This could be ideal for a small family or couple.
The flat is on the second floor of a relatively modern construction (circa 2005); it has allocated underground parking space and communal bike stores.
Available for £118,000 for 40% share based on the marketing figure of £295,000.
Monthly rent - £769.14
Monthly Service Charge - £317.05
Total Monthly Charge - £1,086.19 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationCommuting to London is incredibly convenient from the flat. With only a 9-minute walk to the Woking station, there's a direct train that travels to Waterloo Station in just 25 minutes.
The M25 is also quite close, reachable in about 15 minutes depending on traffic.
Being situated just outside the town centre, all local amenities are there and within walking distance: supermarkets, shops, restaurants, pubs and even several NHS clinics. Several schools for all levels are also available in the area.
There are also beautiful natural green areas, thanks to the many sports centres and the White Rose Lane Nature Reserve.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 62 m²
Living room & kitchen: 7.64 x 3.48 m
Bedroom 1: 3.68 x 3.25 m
Bedroom 2: 3.68 x 2.16 m
Years remaining on lease: 107
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-bedroom apartment
- London in 40 min
- Underground parking space
- Communal bike stores
- Available for 40% share
- 5% minimum deposit only
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 40%, full price £295,000, £5,900 Min Deposit. Calculated using a representative rate of 5.03%
