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1 bedroom apartment for sale

Available

Downside Road, KT11 3DS

£355,000 · Shared Equity

Share percentage 100%, full price £355,000, £35,500 Min Deposit.

Available
1 bedroom
1 Bathroom
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£355,000 Shared Equity · Eligibility Eligibility

Share percentage 100%, full price £355,000, £35,500 Min Deposit.

Monthly Cost: £1,694
Mortgage £1,694*

Calculated using a representative rate of 4.04%

Calculate estimated monthly costs

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Eligibility

Purchasers must live, work or have close family in the Elmbridge Council area and be unable to afford the full market value.

Please contact us for an application form.

Summary

Superbly located 1 bedroom apartment in rural location with easy access to Woking and Guildford.

Description

Just two apartments available on the Runneymede Homes development in Downside, Cobham with one bedroom. Available under the Landspeed Shared Purchase scheme where you purchase at 75% of the full market value and there is no interest or rent on the remaining 25%

Located in a rural area just outside Cobham with easy access to the A3 and M25.

Key Features
  • Fully fitted kitchen with integrated appliances
  • Flooring throughout
  • Private parking
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan
Map
Cobham & Stoke D'Abernon (0.99 miles) Effingham Junction (1.68 miles) Bookham (2.19 miles)
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Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£355,000
Shared Equity
Estimated Monthly Cost:£1,694
Rent £0
Mortgage £1,694

Share percentage 100%, full price £355,000, £35,500 Min Deposit. Calculated using a representative rate of 4.04%

£
Landspeed Homes Ltd
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.