£52,500

Modern, bright & spacious one-bedroom apartment now available in Fleet through Shared Ownership.

The property comprises of an open-plan living room kitchen with a Juliet balcony, an open-plan fitted kitchen, and one large bedroom. This could be ideal for first time buyers.

The flat is on the second floor of a well built construction (circa 2011); it a shared garden area and an allocated off-street parking space.

Available for £52,500 for 25% share based on the marketing figure of £210,000.

Monthly rent - £465.29
Monthly Service Charge - £109.41
Total Monthly Charge - £574.70 plus mortgage required for 25% share.

An annual rent increase takes place every April

The property is located just outside Guildford's town centre, in a new developmental area, and about 15 minutes away from Fleet train station.

The M3 motorway is about 10 minutes away, making commuting a possibility.

Many schools of all levels can be found nearby, along with great access to local services such as Hart Leisure Centre.

Energy rating band - C

Environmental impact rating - A

Gross internal floor area: 50 m²
Living room & kitchen: 5.31 x 4.72 m
Bedroom 1: 3.51 x 3.23 m

Years remaining on lease: 83

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.

The lease can be extended to 333 years for £948.75 (this is the amount if the customer is buying a 25% share)