2 bedroom apartment for sale

Available

Raynham Close, GU4 7TS

£157,500 · Shared Ownership Resale

Share percentage 50%, full price £315,000, £7,875 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
£157,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £315,000, £7,875 Min Deposit.

Monthly Cost: £1,276
Rent £339, Service charge £152, Mortgage £785*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility
  • Minimum salaries required are: £51,255 (single), £55,255 (joint)
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage.
  • Applicants must be registered with the Help to Buy Agent, BPHA www.helptobuyagent3.org.uk, 03333 214044
  • Applicants should have a live and/or work connection to the Guildford district
  • Priority will be given to serving military personnel

Information correct as at March 2022

Summary

Fantastic two bedroom apartment, with juliet balcony - buy with just a 5% deposit*

Description

A great opportunity to own this well presented ground floor two bedroom apartment which is available from just £157,500* through shared ownership.

The spacious living/dining area has a set of french doors, which open onto a juliet balcony, which allow plenty natural light to enter the room.

The partially separate kitchen is fitted with modern units with contrasting dark work surfaces, built in stainless steel oven, gas hob, stainless steel extractor fan and has space for a full height fridge freezer, dishwasher and washing machine.

Both bedrooms are light and airy and provide plenty of flexible living space.

The bathroom is fitted with a modern white 3 piece suite, integrated shower in the bath, glass shower screen and is fully tiled around the bath.

In addition there is a large storage cupboard in the hallway and access to an allocated off-street parking space.

The property is ideally located approximately 2 miles northeast of Guildford town centre which as a good range of shops and amenities. It is also close to local schools, a large Sainsbury’s supermarket and Sutherland Memorial Park (4-min walk) recreational park and green area.

For commuters, there are direct train services to London Waterloo and national destinations via Southwestern Railways from London Road (1.6 miles), Clandon (1.8 miles) and Guildford (2.2 miles – also GWR) and there is easy access to the road network via the A3.

Early viewing is highly recommended.

For further information please contact Tane Hapimarika on 0300 456 0615 Ext 9768

Key Features
  • Buy with 5% deposit*
  • Two bedrooms
  • Ground floor apartment within a three-story block
  • Juliet balcony/communal garden
  • Allocated parking space
  • 125 years on the lease from 1st June 2011
  • Ground rent £200 per annum
  • Fixtures and fittings to be agreed
  • Approx. 2 miles northeast of Guildford town centre, shops and amenities
  • Close to local schools and large Sainsbury’s supermarket
  • Close to Sutherland Memorial Park (4-min walk) recreational park and green area
  • Direct train service to London Waterloo and national destinations via Southwestern Railways from London Road (1.6 miles), Clandon (1.8 miles) and Guildford (2.2 miles – also GWR)
  • Easy access to the A3 (2-min drive)
  • Current energy efficiency rating: C

*terms and conditions apply

Map
London Road (Guildford) (1.57 miles) Clandon (1.74 miles) Guildford Station (2.21 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.

£157,500
Shared Ownership Resale
Estimated Monthly Cost:£1,276
Rent £339
Service Charge £152
Mortgage £785

Share percentage 50%, full price £315,000, £7,875 Min Deposit. Calculated using a representative rate of 3.94%


Clarion Housing Group resales
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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.