Share percentage 25%, full price £360,000, £4,500 Min Deposit
Monthly Cost: £1,279
Rent £619,
Service charge £159,
Mortgage £501*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
READY TO MOVE IN NOW! This beautiful 1-bedroom, 1st floor apartment is now available through Shared Ownership at Signal Park, Tolworth.
Description
Discover Signal Park
95% SOLD- Final few 1-bedroom apartments remaining
A new community is coming to this corner of the capital; a collection of homes with space for you to grow. Here, find a place of your own, where life can be whatever you make it.
Come and view 213 and see what part-furnishings are included with this plot.
Contact us to book your appointment
This exciting development will offer high specification Shared Ownership apartments in Tolworth, within Kingston upon Thames, in south-west London. Signal Park has fantastic connections with Tolworth station a short 3 minute walk away and great nearby amenities - from Hollywood Bowl, M&S and Surbiton Raceway, to Go Ape, Chessington World of Adventures & Hampton Court Palace.
Important info:
- Full purchase price: £360,000
- 25% share price: £ 90,000
- Monthly rent based on 25% share: £618.75
- Monthly service charge: £159.36
- Minimum share initially available: 25%
- Maximum share initially available: 75%*
- *Initial share dependant on financial assessment
- Partly furnished
- Staircasing to 100% allowable
- Tenure: Leasehold
- Years remaining on lease: 990 years
- Council tax band: TBC new build
Please note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%), then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.
*Correct as of October 2024, a survey conducted of over 137 providers of Shared Ownership revealed that Guinness Homes has the lowest payable reservation fee publicly available on websites and/or other marketing materials at £99 per Shared Ownership home. Prima Group require volunteer service instead of a reservation fee. Guinness Homes is a trading name of The Guinness Partnership Limited.
This development is car-free, meaning residents cannot apply for parking permits or use street parking nearby unless they purchase a home with a designated parking space. This policy complies with Local Authority planning conditions and cannot be changed by Guinness. Speak to a member of the sales team for more information.
Key Features
- 1st floor, 1-bedroom apartment
- Private balcony
- Show home furniture included
- Open plan kitchen/dining/living area
- Ample storage space
- Matt Symphony kitchen cabinets
- Zanussi integrated built in oven with induction hob
- Zanussi integrated fridge freezer and dishwasher included
- Zanussi washer/dryer in white
- Antique Bronze counter top
- Carpet and flooring provided throughout
- Lift in block
- Wardrobe space in bedroom
Please note: Parking is only available on selected plots and is not included within the price listed. This will be available at an additional cost.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureVirtual Tour
Map
Material Information
Total rooms: 1
Furnished: Part-furnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 25%, full price £360,000, £4,500 Min Deposit. Calculated using a representative rate of 5.03%
