2 bedroom apartment for sale
Kingsoak House, North Road, GU21 5DB
Share percentage 70%, full price £260,000, £9,100 Min Deposit.
Share percentage 70%, full price £260,000, £9,100 Min Deposit.
Monthly Cost: £1,501
Rent £335,
Service charge £152,
Mortgage £1,014*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Woking, Surrey
Description
A conveniently located two-bedroom apartment now available in Woking through Shared Ownership.
The accommodation comprises of entrance hall, a good-sized living room with a semi-separate kitchen, and two bedrooms. The property has electric heating and double glazing. This could be ideal for a small family or a couple.
Outside, there are communal grounds and areas. Allocated parking space.
Available for £182,000 for 70% share based on the marketing figure of £260,000.
Monthly rent - £334.56
Monthly Service Charge - £152.22
Total Monthly Charge - £486.78 plus mortgage required for 70% share.
An annual rent increase takes place every April
LocationThe property is located close to the town centre of Woking and the railway station, in a tranquil residential area. This is a very convenient location, thanks also to the public transport allowing to reach London in 35 minutes.
Road travel is also convenient, thanks to the A3 highway, and the M25 and M3 motorways.
Plenty of schools are available nearby, as well as green natural areas such as the large Horsell Common.
EPC ratingEnergy rating band - B
Environmental impact band - C
Years remaining on lease: 970
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
- Two-bedroom apartment
- Allocated parking space
- Double glazing
- Great transport links
- Available for 70% 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 70%, full price £260,000, £9,100 Min Deposit. Calculated using a representative rate of 5.03%
