2 bedroom apartment for sale
Sidney Court, Keens Lane, GU3 3BZ
Share percentage 60%, full price £280,000, £8,400 Min Deposit.
Share percentage 60%, full price £280,000, £8,400 Min Deposit.
Monthly Cost: £1,408
Rent £260,
Service charge £191,
Mortgage £957*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Guildford, Surrey
Description
A beautifully presented modern two-bedroom apartment in Guildford is available for Shared Ownership. This apartment is on the ground floor and comprises a spacious open-plan living space with a fitted kitchen. It also includes two spacious bedrooms and a modern bathroom with a bathtub and shower. There is also the additional benefit of an allocated parking space and communal grounds and bike storage.
- White goods are available to be purchased.
- Current Term of 85yrs will be extended to 976 years upon completion.
Available for £168,000 for 60% share based on the marketing figure of £280,000.
Monthly rent - £260.39
Monthly Service Charge - £190.50
Total Monthly Charge - £450.89 plus mortgage required for 60% share.
An annual rent increase takes place every April
LocationThe apartment is in a quiet cul-de-sac location near local amenities including gyms, takeaway, and supermarkets within walking distance. There are also schools and loads of green open spaces. Guildford station and the town are a 2.5-mile walk away.Woking Station is also 4.4 miles away which ideal for commuter travel.
EPC ratingEnergy Rating Band - C
Environmental Impact Band - C
Ground Floor:
Communal entrance lobby.
Private entrance hall with fitted cupboards.
Bathroom with WC
Bedroom one:
fitted cupboard
4.97 x 2.64.
Bedroom two:
3.05 x 3.75.
Open plan kitchen/reception:
7.70 x 3.55 (maximum dimensions).
Outside:
Communal grounds and areas including bin and bike store. Allocated parking space.
Years remaining on lease: 976
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two bedrooms
- Ground floor
- Allocated parking space
- Communal grounds
- Bike storage
- 5% Deposit
- Available for 60% 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 60%, full price £280,000, £8,400 Min Deposit. Calculated using a representative rate of 5.26%