2 bedroom apartment for sale
Woodlock Court, Threadneedle Road, GU9 7QZ
Share percentage 25%, full price £345,000, £4,313 Min Deposit.
Share percentage 25%, full price £345,000, £4,313 Min Deposit.
Monthly Cost: £1,338
Rent £624,
Service charge £234,
Mortgage £480*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Farnham, Surrey
Description
Modern & bright two-bedroom apartment now available in Farnham through Shared Ownership.
The property comprises a wide living room, an open-plan fitted kitchen, and good-sized bedrooms. This could be ideal for a small family or couple.
The flat is on the second floor of a newly built construction; it has allocated parking space at the back of the building.
Available for £86,250 for 25% share based on the marketing figure of £345,000.
Monthly rent - £623.69
Monthly Service Charge - £233.89
Total Monthly Charge - £857.58 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe development is perfectly located for the very best of living in the heart of this vibrant market town. Everything you need is within walking distance, including a wide choice of shops, bars, restaurants, beautiful parks and gardens. For everyday essentials, Waitrose and Sainsbury’s are close by. High street brands and independent boutiques are found in the distinctive shopping areas of this market town, with more planned in this brand new development. For nights out, you are spoilt for choice with numerous fashionable bars and restaurants.
EPC ratingEnergy rating band - D
Environmental impact band - C
Gross internal floor area: 70 m²
Living room & kitchen: 7.39 x 3.66 m
Bedroom 1: 5.28 x 3.56 m
Bedroom 2: 5.28 x 2.67 m
Years remaining on lease: 143
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-bedroom apartment
- Part of new development block
- Allocated parking
- Modern building
- Available for 25% 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 25%, full price £345,000, £4,313 Min Deposit. Calculated using a representative rate of 5.03%