1 bedroom apartment for sale

Available

54 Bell Farm Way, Hersham, Walton-on-Thames, KT12 5EE

£135,000 · Shared Ownership Resale

Share percentage 45%, full price £300,000, £13,500 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£135,000 Shared Ownership Resale

Share percentage 45%, full price £300,000, £13,500 Min Deposit.

Monthly Cost: £1,297
Rent £470, Service charge £142, Mortgage £685*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

This generously-sized, one-bedroom flat is part of a recently-constructed development and appears in excellent condition throughout. The property is on the top floor and has a twenty-one-foot reception room with open-plan kitchen area featuring sleek, white units and integrated appliances. A door leads out onto a good-sized balcony. The spacious bedroom includes a built-in, mirror-fronted wardrobe, there are a pair of storage/utility cupboards in the entrance hallway and the bathroom is attractive and naturally lit. Well insulated walls and roof, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. At the rear of the block is a car park which includes a space for this flat. Alternatively, Walton-on-Thames Station, for rail services between Woking/Basingstoke and London Waterloo, is just a short walk.

SHARED OWNERSHIP (Advertised price represents 45% share. Full market value £300,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/58uebvmv]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 24/06/2021).
Minimum Share: 45% (£135,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £470.41 per month (subject to annual review).
Service Charge: £142.10 per month (subject to annual review).
Guideline Minimum Income: Dual - £43,100 | Single - £49,400 (based on minimum share and 10% deposit).
Council Tax: Band C, Elmbridge Borough Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

Key Features
  • Guideline Minimum Deposit £13,500
  • Guideline Income £43.1k (dual) | £49.4k (single)
  • Third (Top) Floor
  • Approx. 603 Sqft Gross Internal Area
  • Very Good Energy-Efficiency Rating
  • Balcony
  • Parking Space
  • Short Walk to Walton-on-Thames Station
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan Brochure
Map
Walton-On-Thames (0.53 miles) Hersham (0.60 miles) Esher (2.07 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£135,000
Shared Ownership Resale
Estimated Monthly Cost:£1,297
Rent £470
Service Charge £142
Mortgage £685

Share percentage 45%, full price £300,000, £13,500 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.