3 bedroom house for sale
Stanwell New Road, Staines, TW18 4HY
Share percentage 50%, full price £310,000, £7,750 Min Deposit.
Share percentage 50%, full price £310,000, £7,750 Min Deposit.
Monthly Cost: £1,261
Rent £324,
Service charge £74,
Mortgage £863*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Staines, Surrey
Description
Historic traditional & spacious three-bedroom terraced house now available in Staines, Surrey, through Shared Ownership.
The property comprises a large reception room, a living room, a separate kitchen, and three large bedrooms upstairs. This could be ideal for a family.
There are private rear and front gardens.
Available for £155,000 for 50% share based on the marketing figure of £310,000.
Monthly rent - £324.06
Monthly Service Charge - £73.63
Total Monthly Charge - £397.69 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area in Staines and surrounded by natural green areas.
The town centre is less than a mile away, with all amenities nearby, as well as restaurants, pubs and a market.
The railway station is only a 15-minute walk, where a direct train can lead to London in about an hour.
Road travel is also convenient, thanks to the M25 nearby and the access to the M3.
Heathrow Airport is also close by, just a few minutes drive away or a 20-minute bus journey.
There are also several schools in the area, some of which are within walking distance.
EPC ratingEnergy rating band - D
Environmental impact band - D
Years remaining on lease: 99
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Current Term is 72 years will extend to 99 years upon completion.
Key Features
- Three-bedroom terraced house
- Historic building (cs. 1900)
- Rear & front garden
- Excellent transport links
- Available for 50% 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 50%, full price £310,000, £7,750 Min Deposit. Calculated using a representative rate of 5.03%
