1 bedroom house for sale
Somerset Close, Queens Road, Hersham, KT12 5JS
Share percentage 25%, full price £305,000, £3,813 Min Deposit.
Share percentage 25%, full price £305,000, £3,813 Min Deposit.
Monthly Cost: £868
Rent £335,
Service charge £98,
Mortgage £435*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Walton-On-Thames, Surrey
Description
This well decorated and spacious one bedroom end of terrace house is now available through Shared Ownership.
The property on the first floor comprises of a entrance hall, a spacious living room with a open plan kitchen, one large bedroom, and a bathroom. Perfect for couples or a single person.
Outside, there is a porch.
Available for £76,250 for 25% share based on the marketing figure of £305,000.
Monthly rent - £335.23
Monthly Service Charge - £98.26
Total Monthly Charge - £433.49 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationJust a short distance (0.4 miles) to the local shopping facilities in Hersham Village. Approx. 2 miles to Walton Town Centreand within walking distance(0.7miles)of Walton on Thames mainline railway station (25 minutes to London Waterloo).
Short distance to A3 and M25.
EPC ratingEnergy rating band - E
Environmental impact band - C
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.
Key Features
- One bedroom end of terrace house
- Modern kitchen
- Private Porch
- Good travel links
- 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 £305,000, £3,813 Min Deposit. Calculated using a representative rate of 5.26%
