1 bedroom apartment for sale
Dutch Barn Close, Stanwell, TW19 7NG
Share percentage 50%, full price £210,000, £10,500 Min Deposit.
Share percentage 50%, full price £210,000, £10,500 Min Deposit.
Monthly Cost: £1,146
Rent £435,
Service charge £181,
Mortgage £530*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This well-presented, first-floor flat has a reception room with bay window and a doorway leading through to a kitchen with sleek, handle-less units. The naturally-lit bathroom has also been also been upgraded by the current owners and now features modern fittings and large-format tiles. There are fitted wardrobes in the spacious bedroom plus a pair of storage/utility cupboards in the entrance hallway. Well insulated walls and double glazing make for a good energy-efficiency rating. The flat is held on an extended lease, comes with use of a parking space and is just off Stanwell Village High Street. The location would be particularly well-suited to someone working at Heathrow as Terminals 4 and 5 are within easy reach.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £210,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/482eumu8]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form)
Housing Association: A2Dominion.
Tenure: Leasehold (198 years from 01/06/1990).
Minimum Share: 50% (£105,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £434.71 per month (subject to annual review).
Service Charge: £181.15 per month (subject to annual review).
Guideline Minimum Income: Dual - £36,300 | Single - £42,600 (based on minimum share and 10% deposit).
Council Tax: Band B, Spelthorne Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
Key Features
- Guideline Minimum Deposit £10,500
- Guide Min Income Dual £36.3k | Single £42.6k
- First Floor
- Approx. 454 Sqft Gross Internal Area
- Reception Room with Bay Window
- Attractive, Modern Kitchen
- Parking Space
- Well Located for Access to Heathrow
Particulars
Tenure: Leasehold
Lease Length: 164 years
Council Tax Band: B
Property Downloads
Floor Plan BrochureMap
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 £210,000, £10,500 Min Deposit. Calculated using a representative rate of 4.59%