2 bedroom apartment for sale
Locklear Apartments, Hawker Drive, KT15 2FL
Share percentage 35%, full price £370,000, £6,475 Min Deposit.
Share percentage 35%, full price £370,000, £6,475 Min Deposit.
Monthly Cost: £1,555
Rent £679,
Service charge £155,
Mortgage £721*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Addleston, Surrey
Description
This bright, modern, spacious two bedroom apartment is now available in Addieston through Shared Ownership.
The property on the third floor comprises of an entrance hall, a spacious living room, a modern open plan kitchen with a dining area space, two food sized bedrooms, a bathroom and a balcony.
Outside, there is a private balcony and allocated parking. Perfect for couples and small families.
Key Information Document
Available for £129,500 for 35% share based on the marketing figure of £370,000.
Monthly rent - £679.47
Monthly Service Charge - £154.96
Total Monthly Charge - £834.43 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located in Addlestone's town centre, with the local railway station just around the corner. London can be reached in just a little over an hour, whilst other connections are present to Weybridge or Virginia Water.
Road travel is also incredibly convenient, as the M25's entrance is just a few minutes away by car. The motorway can also connect to the M3, also just a few minutes further.
All local amenities are nearby, including a large supermarket, with several local shops and restaurants.
There are more than a few schools in the town, with some being within walking distance.
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
Lease informationYears remaining on lease: 119
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
- Modern kitchen
- Private balcony
- Allocated parking
- Available for 35% 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 35%, full price £370,000, £6,475 Min Deposit. Calculated using a representative rate of 5.03%
