3 bedroom house for sale
Tarn Close, Farnborough, GU14 0RP
Share percentage 50%, full price £485,000, £12,125 Min Deposit.
Share percentage 50%, full price £485,000, £12,125 Min Deposit.
Monthly Cost: £1,899
Rent £443,
Service charge £74,
Mortgage £1,382*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Farnborough, Hampshire
Description
Spacious traditional four-bedroom semi-detached house now available in Farnborough through Shared Ownership.
The property comprises a reception room, a separate kitchen and a dining room which gives way to a private rear garden and an outdoor office. On the first floor, it's possible to find the four bedrooms with a large shared bathroom. This could be ideal for a family.
A garage is available in a nearby blockplus additional street parking.
Available for £242,500 for 50% share based on the marketing figure of £485,000.
Monthly rent - £443.47
Monthly Service Charge - £73.63
Total Monthly Charge - £517.10 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is situated in a tranquil residential area, just a little over a mile from Farnborough's town centre and a stone's throw away from the vast Southwood Woodland.
The house is also close to the Farnborough Airport, where fairs and motor shows are organised throughout the year.
The railway station is also less than 10 minutes away by car for easy train travel to London, and the M3 motorway is also at a similar distance.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 100
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.
Key Features
- Three-bedroom semi-detached house
- Outdoor office
- Private rear garden
- Garage & street parking
- 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 £485,000, £12,125 Min Deposit. Calculated using a representative rate of 5.26%
