2 bedroom house for sale
20 Canada Road, GU16 6TD
Share percentage 75%, full price £390,000, £14,625 Min Deposit.
Share percentage 75%, full price £390,000, £14,625 Min Deposit.
Monthly Cost: £1,895
Rent £228,
Mortgage £1,667*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
2-bedroom Shared Ownership resale available in Camberley
Description
Set over two floors, the ground floor accommodation consists of a living room to the front with a large triple aspect window, providing an abundance of natural daylight to create a bright and airy feeling throughout. Following on from the living room is the kitchen/dining room, fully equipped with modern fittings, sleek countertops and integrated appliances with double doors leading to the garden. The property also benefits from a downstairs WC.
On the second floor of the property there are 2 spacious double bedrooms, with the main bedroom benefitting from an ensuite shower room, and a separate bathroom comprising a modern 3-picece suite. Externally there is a nice-sized enclosed rear garden and to the front there are 2 allocated parking spaces for off street parking with an electric charging point.
Located in Deepcut, the property is close to local amenities and shops. Within 4 miles of the property is Frimley Park Hospital and Frimley Train Station which provides direct services to London Waterloo, Twickenham and Clapham Junction.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- 2 Bedroom Semi-Detached House
- Open Plan Kitchen/Dining Room
- Enclosed Rear Garden
- Bathroom & Ensuite Shower Room
- Off Street Parking
- Integrated appliances
- Tenure:Leasehold (990 years from 02/10/2021).
- Share Available:75% (£390,000).
- Shared Ownership Rent:£228.00 per month (subject to annual review).
- Management Fee:£22.38 per month (subject to annual review).
- Buildings Insurance:£17.87 per month (subject to annual review).
- Council Tax:Band D, Surrey Heath Council.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: D
Property Downloads
Key Information Document 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 75%, full price £390,000, £14,625 Min Deposit. Calculated using a representative rate of 5.26%
