Bearwood Cottages, , GU10 4PE

A spacious, two-bedroom mid-terraced house in Farnham is available for Shared Ownership. The home has two floors and comprises an open-plan living room space with a modern fitted kitchen with a breakfast bar and doors to a large garden with a patio and shed. There are two bedrooms, one double bedroom, and a secondary single bedroom. This home would be perfect for a small family and also benefits from allocated parking space.

Available for £162,500 for 50% share based on the marketing figure of £325,000.

Monthly rent - £327.98
Monthly Service Charge - £35.09
Total Monthly Charge - £363.07 plus mortgage required for 50% share.

An annual rent increase takes place every April

Ground Floor:
Open plan kitchen/reception room
3.85m x 7.60m (maximum dimension).

First Floor:
Landing

Bedroom one:
3.85m x 3.03m

Bedroom two:
2.82m x 2.44m

Bathroom with WC

Outside:
Private rear garden. Allocated parking space.

Years remaining on lease: 71

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.

Energy Rating Band - C
Environmental Impact Rating Band -C

As MTVH owns the Freehold to this property, the purchaser can request a surrender and regrant of the lease back up to the original 100 years. The purchaser would need to coverMTVH HousingAssociation legal fees of approximately (£1500-£2000) to increase the lease to 100 years.