1 bedroom apartment for sale
Locklear Apartments, Hawker Drive, KT15 2FL
Share percentage 25%, full price £260,000, £3,250 Min Deposit.
Share percentage 25%, full price £260,000, £3,250 Min Deposit.
Monthly Cost: £1,024
Rent £513,
Service charge £141,
Mortgage £370*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Addlestone, Surrey
Description
Modern, bright & spacious two-bedroom apartment now available in London through Shared Ownership.
The property comprises a wide living room with a patio doors opening onto the outdoor area, an open-plan fitted kitchen, and master bedroom. This could be ideal for a modern professional or couple.
The flat is on the ground floor of a newly built construction; it has allocated parking space and an enclosed carpark.
The apartment is a short walk to Addlestone station.
KID Document
Available for £65,000 for 25% share based on the marketing figure of £260,000.
Monthly rent - £513.46
Monthly Service Charge - £141.48
Total Monthly Charge - £654.94 plus mortgage required for 25% share.
An annual rent increase takes place every April
Layout and dimensionsGross internal floor area: 50.3 m²Living room & kitchen: 5.82 x 5.13 mBedroom 1: 3.71 x 3.28 mLease informationYears remaining on lease: 120
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.
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
Other informationKey Features
- One bedroom ground floor flat
- Open plan kitchen and living area
- Patio doors onto outdoor area
- Allocated parking space
- 7 mins drive to M25
- Southwest London
- 5% deposit
- 75% shared ownership
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 25%, full price £260,000, £3,250 Min Deposit. Calculated using a representative rate of 5.26%
