2 bedroom apartment for sale
Emperor Lodge, Montague Close, SL2 3ET
Share percentage 50%, full price £280,000, £7,000 Min Deposit.
Share percentage 50%, full price £280,000, £7,000 Min Deposit.
Monthly Cost: £1,410
Rent £475,
Service charge £155,
Mortgage £780*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Farnham royal, Buckinghamshire
Description
Bright and modern apartment now available in Farnham Royal through Shared Ownership.
The property comprises a wide living room, an open-plan kitchen, and two bedrooms, one of which is ensuite. This could be ideal for a small family or a couple.
Off-street parking is available.
Available for £140,000 for 50% share based on the marketing figure of £280,000.
Monthly rent - £475.05
Monthly Service Charge - £154.97
Total Monthly Charge - £630.02 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is superbly located, combining the convenience of urban amenities with excellent transport links. It's a short 20-30 minute walk to both Farnham Common High Street and Farnham Road, offering a variety of local facilities. For those who prefer driving, these destinations are just a quick trip away.
Strategically placed near the M40 and M4, the property ensures easy commutes. Slough's train and bus stations, along with Gerrards Cross Station, are only 15-20 minutes away by car. Education needs are covered with local schools within walking distance. Public transport is readily accessible, with the nearest bus stops a two-minute walk to Beaconsfield Road, providing routes to High Wycombe and Slough Central. This location is ideal for both convenience and connectivity.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 973
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 aparment
- Ensuite bedroom
- Off-street parking
- 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 £280,000, £7,000 Min Deposit. Calculated using a representative rate of 5.03%
