1 bedroom apartment for sale
Dawson Court, Elliston Way, KT21 2FH
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Monthly Cost: £1,357
Rent £455,
Service charge £234,
Mortgage £668*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Ashtead, Surrey
Description
This bright, spacious one-bedroom apartment is now available in Ashtead through Shared Ownership.
The property on the ground floor comprises an entrance hallway with storage, an open-plan kitchen/sitting room, a bathroom, a double bedroom, and a private balcony with access to the sitting room. The flat has an allocated off-road car parking space. Perfect for couples or a single person.
Available for £120,000 for 40% share based on the marketing figure of £300,000.
Monthly rent - £455.06
Monthly Service Charge - £234.20
Total Monthly Charge - £689.26 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is located in a residential area in Ashtead which offers a range of local amenities including supermarkets, shops, schools, and local sports clubs. Leatherhead is only a 5-minute drive from the property and offers a further range of amenities including a train station that offers connections to London, Dorking, Guildford, and Horsham. The property also benefits from quick access to the M25.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 50 m²
Living room & kitchen: 6.07 x 4.57 m
Bedroom 1: 3.89 x 2.97 m
Years remaining on lease: 86
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
- One bedroom apartment
- Modern kitchen
- Private balcony
- Good travel links
- 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 £300,000, £6,000 Min Deposit. Calculated using a representative rate of 5.03%
