2 bedroom apartment for sale
Coxwell Apartments, Hawker Drive, KT15 2GT
Share percentage 25%, full price £280,000, £3,500 Min Deposit.
Share percentage 25%, full price £280,000, £3,500 Min Deposit.
Monthly Cost: £1,273
Rent £676,
Service charge £198,
Mortgage £399*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Addlestone, Surrey
Description
Modern, bright & spacious two-bedroom apartment now available in Addlestone through Shared Ownership.
The property comprises a wide living room with a private patio, an open-plan fitted kitchen, and two large bedrooms. This could be ideal for a small family or a couple.
The flat is on the ground floor of a newly built construction (circa 2019); it has allocated parking space and communal green areas surrounding the property.
Key Information Document
Available for £70,000 for 25% share based on the marketing figure of £280,000.
Monthly rent - £675.64
Monthly Service Charge - £198.19
Total Monthly Charge - £873.83 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is located just outside Addlestone's town centre, in a new residential area, and less than 10 minutes away walking from the railway station. The train travels to London in about an hour and a half.
The entrance to the M25 motorway is also circa 10 minutes away, making road travel convenient.
Being close to the high street and the town centre, shops, restaurants, pubs and bars are all close by. A few schools are in the area less than a mile away.
Around the corner from the flat, there are also a few leisure centres and green areas, allowing for a peaceful lifestyle.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 58 m²
Living room & kitchen: 6.45 x 4.11 m
Bedroom 1: 3.86 x 2.90 m
Bedroom 2: 3.71 x 2.01 m
Years remaining on lease: 121
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
- Private patio
- Ground floor
- Close to leisure centres
- Available for 25% 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 25%, full price £280,000, £3,500 Min Deposit. Calculated using a representative rate of 5.26%