Full price: £350,000 The full value of the property
Share value: 35% - £122,500
Estimated monthly cost*: £1,283
Estimated Monthly Mortgage*: £614
SO Resi Monthly Payment: £407.86 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £261.49 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 87
This spacious ground floor flat in Guildford is now available for sale through the Shared Ownership Scheme. The property comprises two double bedrooms, open plan kitchen with reception room that provides access to a private patio, bathroom with WC. The property also offers underground allocated parking space.
The property is located within a modern residential development of similar properties within Guildford town centre close to extensive shops, railway station and other facilities.
A two bedroom apartment located in Guildford, Surrey available through the Shared Ownership Scheme.
Available for £122,500 for 35% share based on the marketing figure of £350,000.
SO Resi Monthly Payment - £407.86
Monthly Service Charge - £261.49
Total Monthly Charge - £669.35 PLUS MORTGAGE REQUIRED FOR 35% SHARE
Minimum income requirement - £42,698
London properties - Incomes required are based on the following assumptions: Deposit 5%, mortgage interest rate 2.99% & mortgage term 25 years. Income required will be reduced if you have a higher deposit available.
Buy more shares for a minimum of 10%
Communal entrance lobby.
Private entrance hall with fitted cupboards.
2.68 x 4.52.
2.70 x 4.52 plus 1.13 x 1.68.
Open Plan Kitchen/Reception room
3.03 x 4.01.
4.01 x 1.92.
Bathroom with WC
Small private patio accessed via Reception area
Communal grounds and areas, including bin and bike stores.
Underground allocated parking space.
Energy Rating Band - B
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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