2 bedroom apartment for sale
Abingdon Court, Heathside Road, GU22 7EU
Share percentage 38%, full price £295,000, £5,605 Min Deposit.
Share percentage 38%, full price £295,000, £5,605 Min Deposit.
Monthly Cost: £1,627
Rent £830,
Service charge £173,
Mortgage £624*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Woking, Surrey
Description
This bright, spacious, well decorated two bedroom apartment is now available in Woking through Shared Ownership.
The property on the top floor (third floor) comprises of a entrance hall, a spacious living room, a sperate kitchen, two bedrooms and a bathroom.
Outside, there is allocated parking and communal grounds and bike stores. Perfect for couples and small families.
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £112,100 for 38% share based on the marketing figure of £295,000.
Monthly rent - £830.07
Monthly Service Charge - £172.79
Total Monthly Charge - £1,002.86 plus mortgage required for 38% share.
An annual rent increase takes place every April
LocationThe property sits close to local shops and town centre shopping area (0.4 miles), The Park School, Greenfield School, St.Dunstan's School (within 0.5 miles).
The property is only 3 mins walking distance to Woking Train Station, Bus Station interchange, and Coach service to Heathrow Airport.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 103
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 apartment
- Allocated parking
- Amenities nearby
- Good travel links
- Available for 38% 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 38%, full price £295,000, £5,605 Min Deposit. Calculated using a representative rate of 5.03%
