1 bedroom apartment for sale
Hodgebrook House, Heath Lane, GU16 6GL
Share percentage 30%, full price £225,000, £3,375 Min Deposit.
Share percentage 30%, full price £225,000, £3,375 Min Deposit.
Monthly Cost: £867
Rent £394,
Service charge £97,
Mortgage £376*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Camberley, Surrey
Description
A beautifully presented modern one-bedroom apartment in Deepcut is available for Shared Ownership.
This apartment is in a newly built development on the second floor and comprises a spacious open-plan living space with a fitted kitchen and Juliette balcony. It also includes one spacious bedroom and a modern bathroom with a bathtub. There is also the additional benefit of an allocated parking space and bike stores.
Key Information Document
Available for £67,500 for 30% share based on the marketing figure of £225,000.
Monthly rent - £394.19
Monthly Service Charge - £97.30
Total Monthly Charge - £491.49 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe property is in a peaceful and quiet location in a modern newly built development. There is a pub a short walk away from the apartment and a child's play area with green open space to explore.
The closest station is Frimley North Station which is 2 miles away, and the M3 motorway is just a few minutes' drive away.
EPC ratingEnergy rating band - B
Lease informationYears remaining on lease: 988
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
- One-bedroom apartment
- Juliette balcony
- Allocated parking
- Surrounded by green areas
- Available for 30% 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 30%, full price £225,000, £3,375 Min Deposit. Calculated using a representative rate of 5.03%
