Share percentage 25%, full price £365,000, £4,563 Min Deposit.
Monthly Cost: £1,294
Rent £627,
Service charge £159,
Mortgage £508*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The Voyage Collection at Signal Park - 1 bedroom apartment with a large balcony is now available through Shared Ownership in Tolworth
Description
Discover The Voyage Collection at Signal Park
A stunning collection of one bedroom apartments perfect for professional couples and solo buyers looking to step onto the property ladder! Located in Tolworth just 2 minutes walk from the station with a 31 minute commute to London Waterloo.
This exciting development offers 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 3 minute walk away 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: £365,000
- 25% share price: £91,250
- Monthly rent based on 25% share: £627.34
- Monthly service charge: £158.73
- 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
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
INCENTIVE AVAILABLE: Complete by 19th December and receive a £600 voucher!*
- 5th floor, 1-bedroom apartment
- Large balcony
- Open plan kitchen/dining/living area
- Ample storage space throughout home
- Matt Symphony kitchen cabinets
- Zanussi integrated built in oven with induction hob
- Zanussi integrated fridge freezer and dishwasher included
- Zanussi washer/dryer in white
- Antique Bronze counter top
- Carpet and flooring provided throughout
- Wardrobe space in bedroom
- Beautifully tiled bathroom
- Lift in block
- Size: 50.5 sq. m. / 544 sq. ft.
*Terms & Conditions: The voucher will be provided by Guinness Homes via Love2Shop or an alternative provider, at Guinness Homes’ discretion for completions on selected plots by 19th December 2024. Speak to the sales team for further information.
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 £365,000, £4,563 Min Deposit. Calculated using a representative rate of 5.03%
