1 bedroom apartment for sale
Birches House, Alder Court, GU51 5AQ
Share percentage 40%, full price £205,000, £4,100 Min Deposit.
Share percentage 40%, full price £205,000, £4,100 Min Deposit
Monthly Cost: £946
Rent £367,
Service charge £134,
Mortgage £445*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Fleet, Hampshire
Description
Bright and modern apartment now available in Fleet through Shared Ownership.
The property comprises a wide living room with a Juliette balcony, an open-plan fitted kitchen and a good-sized bedroom. This could be ideal for a couple or a single person.
There's also a shared garden area and off-street parking space.
Available for £82,000 for 40% share based on the marketing figure of £205,000.
Monthly rent - £366.52
Monthly Service Charge - £134.06
Total Monthly Charge - £500.58 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is located in Fleet, Hampshire, and is close to local amenities including schools, parks, and Hart Leisure Centre.
The center of Fleet is less than a 5-minute drive away and offers a further range of facilities including shops, supermarkets, restaurants, and pubs.
Fleet train station is also a 5-minute drive away and offers connections to London Waterloo and Basingstoke.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 108
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- One-bedroom apartment
- Juliette balcony
- Off-street parking
- Modern building (2008)
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £205,000, £4,100 Min Deposit. Calculated using a representative rate of 4.78%
