2 bedroom house for sale
Smeaton Drive, Woking, GU22 8JU
Share percentage 55%, full price £370,000, £10,175 Min Deposit.
Share percentage 55%, full price £370,000, £10,175 Min Deposit.
Monthly Cost: £1,805
Rent £555,
Service charge £90,
Mortgage £1,160*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Woking, Surrey
Description
Bright & spacious traditional two-bedroom terraced house now available in Woking through Shared Ownership.
The property comprises a wide living room with a separate kitchen and a small toilet on the ground floor. Upstairs, two large bedrooms can be found, along with a larger bathroom. This could be ideal for a small family.
There's also a large private rear garden and a parking space at the front.
Available for £203,500 for 55% share based on the marketing figure of £370,000.
Monthly rent - £555.46
Monthly Service Charge - £90.00
Total Monthly Charge - £645.46 plus mortgage required for 55% share.
An annual rent increase takes place every April
LocationWoking, situated in Surrey, is renowned for its vibrant shopping, dining, and leisure scene, including cultural highlights like the New Victoria Theatre & Cinema, and the Lightbox Gallery for art lovers. Golfers are spoiled for choice with facilities such as the historic Woking Golf Club and Foxhills, which also offers spa and hotel luxuries. Hoebridge Golf course is also within walking distance.
The town is also blessed with ample opportunities for outdoor pursuits, thanks to the tranquil Basingstoke Canal and River Wey, as well as the natural splendour of Chobham Common. Moreover, Woking's strong educational framework, featuring institutions like Greenfield School and Hoebridge pre-prep and prep school within walking distance, with Kingsfield School a further walk away, ensures a great location for combining leisure, culture, and education in a lively community setting.
EPC ratingEnergy rating band - C
Environmental impact band - B
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
- Two-bedroom terraced house
- Two toilets
- Private rear garden
- Allocated parking space
- Available for 55% 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 55%, full price £370,000, £10,175 Min Deposit. Calculated using a representative rate of 5.26%
