2 bedroom apartment for sale
Mallards House, , GU51 5BD
Share percentage 30%, full price £220,000, £6,600 Min Deposit.
Share percentage 30%, full price £220,000, £6,600 Min Deposit.
Monthly Cost: £961
Rent £434,
Service charge £192,
Mortgage £335*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Fleet, Hampshire
Description
Beautifully presented two-bedroom apartment in Fleet available for sale through the Shared Ownership Scheme. The property comprises two large bedrooms, open plan fitted kitchen/ reception area with access to a Juliette balcony, bathroom with WC and hallway. Externally the property offers great development grounds and one allocated parking space.
Minimum income required: £28,673
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £66,000 for 30% share based on the marketing figure of £220,000.
SO Resi Monthly Payment - £433.53
Monthly Service Charge - £192.01
Total Monthly Charge - £625.54 plus mortgage required for 30% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Layout and dimensionsGround Floor:
Communal entrance lobby with staircase
First Floor:
Private entrance hall with fitted storage/airing cupboards.
Bedroom 1:
3.39m x 2.19m
Open plan kitchen/reception room:
5.99 x 4.68m
Bedroom 2:
fitted cupboard
3.24m x 3.67m
Bathroom with WC
Outside:
Communal grounds and areas, including bin and bike stores. Allocated parking space
Energy Rating Band - C
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.
Key Features
- Two bedrooms
- Communal Garden
- First floor
- One allocated parking space
- Biomass Heating
- Area with lots of greenery
- Secure Bike Storage
- Available for 30% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 30%, full price £220,000, £6,600 Min Deposit. Calculated using a representative rate of 4.64%
