2 bedroom apartment for sale
Locklear Apartments, Hawker Drive, KT15 2FL
Share percentage 70%, full price £320,000, £11,200 Min Deposit.
Share percentage 70%, full price £320,000, £11,200 Min Deposit.
Monthly Cost: £1,723
Rent £288,
Service charge £159,
Mortgage £1,276*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Addlestone, Surrey
Description
This bright, modern two-bedroom apartment is now available in Addlestone through Shared Ownership.
The property on the second floor comprises an entrance hallway, a spacious living room with a modern open-plan kitchen, two bedrooms (one includes a private dressing room), a bathroom, and a private balcony.
Outsider, there are communal grounds and allocated parking. Perfect for Couples and small families.
Key Information Document
Available for £224,000 for 70% share based on the marketing figure of £320,000.
Monthly rent - £288.17
Monthly Service Charge - £159.27
Total Monthly Charge - £447.44 plus mortgage required for 70% share.
An annual rent increase takes place every April
LocationThe property is in Addlestone's town centre, with the local railway station just around the corner. London can be reached in just a little over an hour, whilst other connections are present to Weybridge or Virginia Water.
Road travel is also incredibly convenient, as the M25's entrance is just a few minutes away by car. The motorway can also connect to the M3, which is just a few minutes further.
All local amenities are nearby, including a large supermarket with several local shops and restaurants.
There are more than a few schools in the town, with some being within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 68m²
Living room & kitchen: 5.77 x 4.01 m
Bedroom 1: 3.58 x 3.23 m
Bedroom 2: 3.58 x 2.97 m
Balcony: 3.33 x 1.57 m
Years remaining on lease: 119
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
- Private balcony
- Private dressing room
- Great travel links
- Available for 70% 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 70%, full price £320,000, £11,200 Min Deposit. Calculated using a representative rate of 5.26%
