1 bedroom apartment for sale

Available

Laurel Gardens, Ashford, TW15 1HS

£153,000 · Shared Ownership Resale

Share percentage 60%, full price £255,000, £15,300 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£153,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £255,000, £15,300 Min Deposit.

Monthly Cost: £1,183
Rent £216, Service charge £195, Mortgage £772*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £80,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

A fantastic first-floor 1-bedroom apartment available now in Ashford.

Description
Property reference number: 1639527
 
This stylish 1-bedroom apartment offers the perfect blend of comfort and convenience. Located just an 11-minute drive from Feltham Station, which is within the Oyster zone, you’ll benefit from quick and affordable 30-minute trains to London Waterloo.

Take advantage of a variety of local amenities, including cafes, restaurants, shops, and two Londis stores, both open till late and just a 5-minute walk from your doorstep for everyday essentials.

Enjoy quick access to Sunbury, Ashford, and Staines, as well as various motorway links and the amenities of Feltham Town Centre.

Explore and connect with nature in the nearby green spaces, such as Bedfont Lakes Country Park, only a 5-minute drive away, and Alexandra Park, just a 17-minute walk from your home.
 
- Nearest stations: Ashford (1.5 miles), Feltham Station (2.7 miles) Hatton Cross (3.5 miles)
- Bus routes nearby: 216, 400, 55, 655, N555, 616
 
Key features:
- First-floor apartment 
- Central heating 
- Freestanding appliances including a gas cooker and electric oven from Electrolux
- Available from 60% through Shared Ownership with the option to purchase the full 100%
 
What happens after I register my interest? 
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form. 

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [email protected] and our team will be able to help you. 

What is Resale Shared Ownership? 
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
 
Financial information 
Tenure: Leasehold 
Remaining lease term: 86 years 
Annual ground rent amount: £150
Ground rent review period: 25 years 
Annual service charge amount: £2,345.64
Service charge review period: Annually 
Council tax band: C

*Financial information correct as of 31/10/2024
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Map
Ashford Surrey (1.19 miles) Upper Halliford (1.25 miles) Sunbury (1.39 miles)
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.

£153,000
Shared Ownership Resale
Estimated Monthly Cost:£1,183
Rent £216
Service Charge £195
Mortgage £772

Share percentage 60%, full price £255,000, £15,300 Min Deposit. Calculated using a representative rate of 4.59%


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.