1 bedroom apartment for sale
Meadow House, Toad Lane, GU17 9AH
Share percentage 50%, full price £195,000, £4,875 Min Deposit.
Share percentage 50%, full price £195,000, £4,875 Min Deposit.
Monthly Cost: £1,120
Rent £411,
Service charge £166,
Mortgage £543*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Blackwater, Hampshire
Description
No onward chain
This bright, modern, spacious one bedroom apartment is now available with no onward chain. It is located in Blackwater, near to Camberley through Shared Ownership.
The property on the second floor comprises of a spacious entrance hall (which can be used for a home office), a lounge, a modern kitchen, one large bedroom with a large fitted wardrobe and a bathroom.
Outside, there are communal grounds, allocated parking and bike storage. Perfect for couples and singles, and ideal for commuters due to proximity to public transport.
Available for £97,500 for 50% share based on the marketing figure of £195,000.
Monthly rent - £411.07
Monthly Service Charge - £166.27
Total Monthly Charge - £577.34 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is situated within a 5 minute walk to the centre of Blackwater with its amenities and Blackwater train station, with its direct links to Reading, Guildford & Gatwick airport.
Reading & Guildford can be reached in around 20 minutes, and Gatwick in just over an hour. London is also easily accessible, taking around an hour.
Both Camberley town centre and the M3 are just 1.5 miles away, making this a very convenient location.
EPC ratingEnergy rating band - C
Environmental impact band - C
Lease informationYears remaining on lease: 971
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
- No onward chain
- One bedroom apartment
- Modern kitchen with white goods included
- Allocated parking space
- Good public transport & travel links
- 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 £195,000, £4,875 Min Deposit. Calculated using a representative rate of 5.03%
