Share Price £165,000 (from 55% Min. Share)

Full Value £300,000 | £8,250 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Esher

place Sherriff Close, KT10 8AT

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Ground floor flat in a gated development.


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

Description

Full Description

A 2 bedroom ground floor flat available through Shared Ownership Scheme

Available for £165,000 for 55% share based on the marketing figure of £300,000

So Resi Monthly Payment- £330.63
Monthly Service Charge- £217.81
Total Monthly Charge- £548.44 PLUS MORTGAGE REQUIRED FOR 55% SHARE

Property Details:

Entrance
Storage cupboard and airing cupboard.

Bedroom two
3.07 x 3.64

Bathroom with wc
Three piece white suite
Shower over bath

Bedroom one
3.08 opening to 4.15 x 2.69

Reception room
4.28 x 4.59

Kitchen
2.37 x 3.01
Good range of units
Electric hob
Cooker
Space for fridge freezer and washing machine

Outside
Communal grounds and areas. Communal bin and bike stores
Allocated parking space

EPC Rating
Energy Rating Band- D
Environmental Impact Band- D

All room dimensions approximate.

Please note figures given for So Resi Monthly Payment and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.


Key Features

  • Ground floor flat
  • Two bedrooms
  • Secure entry phone system
  • Allocated parking space
  • Double glazing and electric central heating
  • Close to amenities at Esher
  • Available on 55% Shared Ownership basis

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Calculate Monthly Cost

Share price
£ 165,000
Min. £165,000
Share percentage
Min. 55%
Your deposit
Min. £8,250
Monthly cost*
£1,346
Cost breakdown
£331
Rent
£218
Service charge
£797
Mortgage*
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Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.