Share percentage 30%, full price £267,500, £8,025 Min Deposit.
Monthly Cost: £964
Rent £429,
Service charge £121,
Mortgage £414*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
1 bedroom apartment showcase 21/22 June. Book your appointment now!
Description
First floor, 1 bedroom apartment in The Oak Collection!
Prices start from £80,250 for a 30% share, based on a full market value of £267,500 for a one-bedroom apartment.
Your estimated monthly outgoings*:
Monthly rent: £429.11
Monthly service charge: £121.30
Total outgoings**: £926.50
Minimum household income: £32,000
10% deposit: £8,025
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Ready for reservation and immediate occupancy, this first-floor one-bedroom apartment in The Oak is an ideal choice for first-time buyers.
Immerse yourself in the contemporary, open design of this third-floor 1-bedroom apartment. Enjoy the seamless fusion of open-plan living and dining spaces, showcasing a chic pearl grey gloss kitchen with integrated appliances, quality vinyl flooring throughout, and subtle ambient downlighting.
Find comfort in the well-appointed double bedroom and indulge in the modern bathroom, adorned with medium grey porcelain tiles, a white suite featuring a bath, and an overhead fixture with a glass screen. Elevate your experience with the inclusion of a generously sized boutique-style mirror, adding a touch of luxury to the space.
And to add convenience, there is plenty of storage and a south facing balcony to the living room.
Situated in a development surrounded by green spaces, this apartment offers a tranquil and refreshing environment, with direct access to Stanmer Park and your own allocated car parking space.
Key features
Open-plan living/dining/kitchen area
South-facing balcony
Allocated parking
Travel incentives
The Hyde Difference
High modern specification as standard
Contemporary kitchens with integrated appliances at no extra cost
Quality flooring throughout
Experienced in-house sales team
Over 90% customer satisfaction for 11 consecutive years
Key Features
Open-plan living and dining
South-facing balcony
Allocated parking space
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
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 30%, full price £267,500, £8,025 Min Deposit. Calculated using a representative rate of 4.80%
