1 bedroom house for sale
Escott Place, Chertsey, KT16 0HA
Share percentage 50%, full price £265,000, £6,625 Min Deposit.
Share percentage 50%, full price £265,000, £6,625 Min Deposit.
Monthly Cost: £1,187
Rent £376,
Service charge £56,
Mortgage £755*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Chertsey, Surrey
Description
Traditional & spacious one-bedroom semi-detached house now available in Ottershaw, Surrey, through Shared Ownership.
The property is over two floors and comprises a wide living room with an open-plan fitted kitchen and a large bedroom upstairs. There's also a large, beautiful rear garden and frontal space with parking. This could be ideal for a small family.
Available for £132,500 for 50% share based on the marketing figure of £265,000.
Monthly rent - £375.79
Monthly Service Charge - £56.46
Total Monthly Charge - £432.25 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located in the traditional Surrey village ofOttershaw, in a tranquil residential area.
Being a few minutes walk away from the town centre, many amenities are available nearby and within walking distance, while others are just a short drive away.
The close M25 and M3 motorways, only 5 minutes away, also make road travel convenient.
Several schools can also be found in the area within walking distance.
EPC ratingEnergy rating band - D
Environmental impact band - E
Gross internal floor area: 39 m²
Living room: 3.66 x 3.56 m
Kitchen: 3.66 x 1.57 m
Bedroom: 3.68 x 3.56 m
Years remaining on lease: 121
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
- One-bedroom semi-detached house
- Two storeys
- Private rear and front gardens
- Close to M25 and M3
- 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 £265,000, £6,625 Min Deposit. Calculated using a representative rate of 5.26%
