2 bedroom apartment for sale
Knap Court, Lower Guildford Road, GU21 2ER
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Monthly Cost: £1,210
Rent £375,
Service charge £123,
Mortgage £712*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Knaphill, Woking, Surrey
Description
Well-presented two-bedroom apartment in a Knaphill now available with Shared Ownership. The traditional accommodation comprises an entrance hall, a spacious living room, a separate fitted kitchen, a large bedroom and an additional room, which could be used as a study or kids room. There are also two allocated parking spots.
Available for £125,000 for 50% share based on the marketing figure of £250,000.
Monthly rent - £374.96
Monthly Service Charge - £122.64
Total Monthly Charge - £497.60 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located within an established residential area to the west of Woking's town centre within peaceful surroundings. Being situated in the town centre of Knaphill, all local amenities are nearby, including supermarkets, shops, restaurants and pubs. There are also plenty of schools in the area, all reachable on foot. There are also several buses that can easily reach the railway stations of Wokingham and Brookwood.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 57 m²
Living room: 5.33 x 4.32 m
Kitchen: 2.97 x 2.31 m
Bedroom 1: 3.28 x 3.07 m
Bedroom 2: 3.28 x 2.36 m (into bay)
Years remaining on lease: 966
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-bedroom apartment
- Ground floor
- Town centre of Knaphill
- 2 allocated parking spots
- Available for 50% share
- 5% minimum deposit only
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 50%, full price £250,000, £6,250 Min Deposit. Calculated using a representative rate of 5.26%
