2 bedroom apartment for sale
Doctors Acre, , RG27 9UW
Share percentage 60%, full price £230,000, £13,800 Min Deposit.
Share percentage 60%, full price £230,000, £13,800 Min Deposit.
Monthly Cost: £1,085
Rent £269,
Service charge £116,
Mortgage £700*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Hook, Hampshire
Description
A modern ground floor flat in a popular residential location. The accommodation comprises entrance hall, bathroom with WC, two bedrooms, large living room with open plan dining and kitchen areas. The property benefits from gas central heating and double glazing.
Available for £138,000 for 60% share based on the marketing figure of £230,000.
SO Resi Monthly Payment - £269.25
Monthly Service Charge - £116.32
Total Monthly Charge - £385.57 plus mortgage required for 60% share.
Key Features
• Two bedrooms
• Ground floor
• Close to local shops, facilities and railway station available nearby at Hook.
• Train to Waterloo
• Allocated parking space
• Available for 60% share
Full Description
A two bedroom ground located in Hook available through Shared Ownership Scheme
A modern ground floor flat in a popular residential location.
The accommodation comprises entrance hall, bathroom with WC, two bedrooms, large living room with open plan dining and kitchen areas. The property benefits from gas central heating and double glazing.
Available for £138,000 for 60% share based on the marketing figure of £230,000
SO Resi Monthly Payment - £269.25
Monthly Service Charge - £116.32
Total Monthly Charge - £435.66 PLUS MORTGAGE REQUIRED FOR 60% SHARE
Minimum income requirement - £43,679
Property Details
Ground Floor:
Communal entrance lobby.
Private entrance hall
fitted cupboards
Bedroom one
fitted cupboard
3.99 x 2.81
Bathroom with wc
Heated towel rail
Bedroom two
2.60 x 2.78
Open Plan Kitchen/Reception room
Fitted kitchen
Grill/ oven
Fridge freezer
Washing machine
Reception area:
3.02 x 6.77 plus bay window. (Dimensions of main room area).
Kitchen area:
2.07 x 2.74
Outside:
Communal grounds and areas
including bin and bike stores
Allocated parking space.
Parking:
Allocated parking space.
All room dimensions approximate.
EPC Rating
Energy Rating Band - B
Environmental Impact Band - C
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.
Key Features
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 60%, full price £230,000, £13,800 Min Deposit. Calculated using a representative rate of 4.64%
