2 bedroom apartment for sale
Pembroke House, 22a Wilton Road, Camberley, GU15 2TX
Share percentage 35%, full price £315,000, £11,025 Min Deposit.
Share percentage 35%, full price £315,000, £11,025 Min Deposit.
Monthly Cost: £1,253
Rent £579,
Service charge £117,
Mortgage £557*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smart, modern apartment is on the top floor and has a twenty-one-foot reception room with open-plan kitchen area and a Juliette balcony overlooking the communal garden. There are two generously-sized bedrooms, an attractive bathroom and a pair of storage/utility cupboards in the entrance hallway. Well insulated walls, gas central heating and high performance glazing have resulted in a very good energy-efficiency rating. A Co-op store occupies the ground-floor retail unit and the Camberley and Frimley town centres and railway stations are within easy reach. Pembroke House is also, conveniently, just a short drive from junction 4 of the M3 if travelling by road. The property comes with use of an off-street parking space.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £315,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/2jk4js69]
(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: Clarion.
Tenure: Leasehold (150 years less 10 days from 21/12/2018).
Minimum Share: 35% (£110,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £578.65 per month (subject to annual review).
Service Charge: £116.64 per month (subject to annual review).
Guideline Minimum Income: Dual - £40,700 | Single - £47,000 (based on minimum share and 10% deposit).
Council Tax: Band D, Surrey Heath 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 £11,025
- Guide Min Income Dual £40.7k | Single £47k
- Top Floor (third, building has a lift)
- Approx. 768 Sqft Gross Internal Area
- Juliette Balcony
- Very Good Energy-Efficiency Rating
- Parking Space
- Town Centre/Station Within Easy Reach
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
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 35%, full price £315,000, £11,025 Min Deposit. Calculated using a representative rate of 4.59%