4 bedroom house for sale
Kenelia, Windermere Road, GU18 5TH
Share percentage 50%, full price £475,000, £11,875 Min Deposit.
Share percentage 50%, full price £475,000, £11,875 Min Deposit.
Monthly Cost: £1,769
Rent £366,
Service charge £80,
Mortgage £1,323*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 4 bed shared ownership property available in Lightwater, Guildford
Description
Traditional three-storey mid-terraced four-bedroom house now available in Lightwater through Shared Ownership.
The property has a breakfast room and a separate kitchen in the basement, with bright windows and light coming in, and a living room with access to a private patio on the ground floor. There are four bedrooms in total, two on the first floor and the other two on the ground floor; two bathrooms are available.
There is also a storage room converted from a garage.
Allocated parking is available at the front, as well a shared garden area.
Available for £237,500 for 50% share based on the marketing figure of £475,000.
Monthly rent - £365.59
Monthly Service Charge - £80.05
Total Monthly Charge - £445.64 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located in a tranquil residential area in Lighthouse, with many natural and green surrounding parks and areas, local shops and amenities in the town.
Travel is convenient, thanks to the M3 motorway being only a few minutes' drive away, allowing to reach London in an hour.
A bus station is also just a few minutes away, where a bus can lead to nearby towns such as Woking.
Plenty of schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - D
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
(Current Term is 68 years will extend to 99 yrs upon completion)
Key Features
- Four-bedroom terraced house
- Three storeys
- Garage/storage room
- Private patio
- Available for 50% 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 50%, full price £475,000, £11,875 Min Deposit. Calculated using a representative rate of 5.03%
