1 bedroom apartment for sale
Plot 2 Molay Court, Wellesley, GU11 4FP
Share percentage 40%, full price £220,000, £4,400 Min Deposit.
Share percentage 40%, full price £220,000, £4,400 Min Deposit.
Monthly Cost: £920
Rent £302,
Service charge £117,
Mortgage £501*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
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.
You live or work in Rushmoor - Rushmoor District
Summary
One Bedroom Apartment
Description
**SHARED OWNERSHIP**
9 Shared ownership apartments comprising of 2 x 2 beds and 7 x 1 beds.
Stunning new build apartments available on the shared ownership scheme. These lovely apartments are situated on the sought after Wellesley development and located within walking distance to Aldershot Town Centre, Train Station and schools. Surrounded by plenty of green open space and the Basingstoke Canal ideal for those who like to enjoy the outdoors.
*photos may not be the exact apartment
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Map
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 40%, full price £220,000, £4,400 Min Deposit. Calculated using a representative rate of 5.26%