Share percentage 25%, full price £520,000, £6,500 Min Deposit.
Monthly Cost: £1,850
Rent £894,
Service charge £232,
Mortgage £724*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
READY TO MOVE IN NOW! This beautiful 2-bedroom apartment is now available through Shared Ownership at Signal Park, Tolworth.
Description
Discover Signal Park
A new community is coming to this corner of the capital; a collection of homes with space for you to grow. Here, find a place of your own, where life can be whatever you make it.
View our stunning show home today!
This exciting development will offer high specification Shared Ownership apartments in Tolworth, within Kingston upon Thames, in south-west London. Signal Park has fantastic connections with Tolworth station a short walk and great nearby amenities - from Hollywood Bowl, M&S and Surbiton Raceway, to Go Ape, Chessington World of Adventures & Hampton Court Palace.
Important info:
- Full purchase price: £520,000
- 25% share price: £130,000
- Monthly rent based on 25% share: £893.75
- Monthly service charge: £231.94
- Minimum share initially available: 25%
- Maximum share initially available: 75%*
*Initial share dependant on financial assessment - Staircasing to 100% allowable
- Tenure: Leasehold
- Years remaining on lease: 990 years
- Council tax band: TBC new build
- Ready to move in now
- Size: 73.5sq. m. / 790.7 sq. ft
Please note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%), then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.
*Correct as of October 2024, a survey conducted of over 137 providers of Shared Ownership revealed that Guinness Homes has the lowest payable reservation fee publicly available on websites and/or other marketing materials at £99 per Shared Ownership home. Prima Group require volunteer service instead of a reservation fee. Guinness Homes is a trading name of The Guinness Partnership Limited.
Key Features
- 6th floor, 2-bedroom apartment
- Spacious Balcony
- Light and airy open plan kitchen/dining/living area
- Ample storage space
- Handle-less matt Symphony kitchen cabinets
- Zanussi integrated built in oven with induction hob
- Zanussi integrated fridge freezer and dishwasher included
- White Zanussi washer/dryer in Utility pod
- Antique Bronze counter top
- Carpet and flooring provided throughout
- Underfloor heating (excluding bathroom)
- Fitted wardrobe in bedroom
- Large windows
- Lift in block
Guinness Homes are delighted to launch our first collection of 1-, 2- & 3-bedroom apartments and a selection of duplexes at Signal Park, Tolworth. Further homes are currently available and our future releases will include wheelchair adaptable units - don't miss out, book your appointment through Guinness Homes today to discuss with our sales team!
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureVirtual Tour
Map
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 25%, full price £520,000, £6,500 Min Deposit. Calculated using a representative rate of 5.03%
