2 bedroom apartment for sale
Available
45 Park Reach, 102 Chapel Road, SO14 5BT
£70,000 · Shared Ownership Resale

Share percentage 35%, full price £200,000, £3,500 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
Floor plan
£70,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £200,000, £3,500 Min Deposit.

Monthly Cost: £680
Rent £261, Service charge £70, Mortgage £349*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Fifth floor apartment with balcony

Description

>Two bedroom, fifth floor apartment
>Available onShared Ownershipresale
>Deposits starting at £3,500*
>Minimum household income: £26,465 per annum

Your new home

Featuring a spacious open-plan living area, with a door to your balcony. The kitchen is fitted with an integrated oven, hob and hood. There are two comfortable double bedrooms, with a built-in wardrobe to the master. The bathroom benefits from a white, three-piece suite including shower over bath.

Additional information
Allocated parking is provided for one car.

0800 telephone numbers are free of charge from BT landlines. Non-BT customers and mobile phone users should contact their service providers for information about the cost of calls.
Images may be computer generated and are for illustrative purposes only, so may not be representative of exact plots. Images may be of a different model of home. Individual specification, fittings and features such as windows, brick, carpets, paint and other material colours may vary. Any furnishings are not included in any sale, but are for guidance only.
*Affordability and eligibility criteria apply. All figures are illustrative based upon buying a minimum share. Purchase share values will be determined based upon applicant’s individual financial circumstances, in line with Homes England guidelines. Applicants will be referred to a nominated mortgage advisor for a financial assessment and will be expected to maximise the percentage of share they purchase.

Key Features
  • Lease term remaining: 120 years
  • Open-plan living area with balcony
  • Fitted kitchen with oven, hob and hood
  • White sanitaryware to bathroom
  • Allocated parking provided for one car
Property Downloads
Floor Plan Energy Certificate
Map
Hook (32.23 miles) Cobham & Stoke D'Abernon (52.32 miles) Heathrow Terminal 4 (56.34 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£70,000
Shared Ownership Resale
Estimated Monthly Cost:£680
Rent £261
Service Charge £70
Mortgage £349

Share percentage 35%, full price £200,000, £3,500 Min Deposit. Calculated using a representative rate of 3.94%


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.