2 bedroom apartment for sale
Wiggins House, White Hart Meadows, Ripley, GU23 6ND
Share percentage 40%, full price £385,000, £15,400 Min Deposit.
Share percentage 40%, full price £385,000, £15,400 Min Deposit.
Monthly Cost: £1,485
Rent £535,
Service charge £169,
Mortgage £781*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A beautifully-presented, two-bedroom flat in Ripley. This village, with its long history and charming high street, is nestled in semi-rural Surrey but still within easy reach of Woking, Guildford and the M25. The property available is on the top floor. Features include a spacious reception room with a sleek, semi-open-plan kitchen. The bedrooms are both good-sized doubles, there is a stylish bathroom with pencil mosaics and a pair of storage/utility cupboards in the entrance hall. Well insulated walls and roof, high performance glazing, gas central heating and a heat recovery system all contribute towards an excellent energy-efficiency rating. The flat comes with use of a space in the private car park.
SHARED OWNERSHIP (advertised price represents the 40% share offered. Full market value £385,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [http://bit.ly/2NvBdG5]
(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 29/09/2014).
Minimum Share: 40% (£154,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £535.18 per month (subject to annual review).
Service Charge: £169.09 per month (subject to annual review).
Guideline Minimum Income: Dual - £51,200 | Single - £58,700 (based on minimum share and 10% deposit).
Council Tax: Band C, Guildford 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 £15,400
- Guide Min Income Dual £51.2k | Single £58.7k
- Second (Top) Floor
- Approx. 880 Sqft Gross Internal Area
- High Performance Glazing
- Gas Central Heating
- Parking Space
- Short Drive to Guildford/Woking
Particulars
Tenure: Not specified
Council Tax Band: C
Property Downloads
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 40%, full price £385,000, £15,400 Min Deposit. Calculated using a representative rate of 4.64%