1 bedroom apartment for sale
Carver House, 8 Spitfire Chase, KT12 1FX
Share percentage 70%, full price £330,000, £23,100 Min Deposit.
Share percentage 70%, full price £330,000, £23,100 Min Deposit.
Monthly Cost: £1,567
Rent £249,
Service charge £152,
Mortgage £1,166*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This immaculately-presented apartment is on the first floor of a recently-constructed development and has a reception room with wood flooring and open-plan kitchen featuring pale grey units and integrated appliances. Double doors lead from the living area out onto a balcony. There is a spacious bedroom, a simple, modern bathroom and a large storage/utility cupboard in the entrance hallway. Well insulated walls and high performance glazing make for a good energy-efficiency rating. Carver House has a residents' gym and is located just minutes from Walton-on-Thames Station. The property comes with use of a parking space and the town centre can also be reached on foot or by brief bus or bike ride.
SHARED OWNERSHIP (Advertised price represents 70% share. Full market value £330,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/2rtcncwp]
(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 01/01/2020).
Share Available: 70% (£231,000).
Shared Ownership Rent: £249.48 per month (subject to annual review).
Service Charge: £152.19 per month (subject to annual review).
Guideline Minimum Income: Dual - £56,900 | Single - £65,500 (based on minimum share and 10% deposit).
Council Tax: Band D, Elmbridge 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 £23,100
- Guideline Minimum Income - dual £56,900 | single £65,500
- First Floor (building has a lift)
- Approximately 535 Sqft Gross Internal Area
- Balcony
- Residents' Gym
- Parking Space
- Minutes from Walton-on-Thames Station
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: D
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 70%, full price £330,000, £23,100 Min Deposit. Calculated using a representative rate of 4.59%
