3 bedroom house for sale
Albany Way, Laleham, TW18 1BG
Share percentage 80%, full price £460,000, £36,800 Min Deposit.
Share percentage 80%, full price £460,000, £36,800 Min Deposit
Monthly Cost: £2,153
Rent £230,
Service charge £65,
Mortgage £1,858*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smartly-presented property has a cloakroom/WC just off the entrance hallway, a good-sized kitchen and a spacious reception/dining room. Double doors open onto a fifty-foot, east/south-east-facing rear garden with patio and lawn. On the first floor is a full-width main bedroom with built-in, mirror-fronted wardrobe plus two further bedrooms and a simple, white-tiled bathroom. Well insulated walls, modern double glazing and a combination of solar and gas water heating make for a good energy-efficiency rating. At the front of the house are two parking spaces and an electric-vehicle charging point. Alternatively, the Ashford and Staines railway stations can both be reached via brief bus or bike ride.
SHARED OWNERSHIP (Advertised price represents 80% share. Full market value £460,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [http://bit.ly/2xDsxpx]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 09/12/2011).
Share Available: 80% (£368,000).
Shared Ownership Rent: £230.14 per month (subject to annual review).
Service Charge: £65.11 per month (subject to annual review).
Guideline Minimum Income: Dual - £79,600 (based on minimum share and 15% deposit). | Single - £75,500 (based on minimum share and 30% deposit).
Council Tax: Band D, Spelthorne Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guide Dual Income £79.6k 15% deposit £55.2k
- Guide Single Income £75.5k with 30% (£110k) deposit
- Two Storey, Three Bedroom, Mid Terrace House
- Approx. 928 Sqft Gross Internal Area
- Bathroom plus Downstairs WC
- Modern Double Glazing and Gas Central Heating
- East/South East Facing Rear Garden
- Two Parking Spaces (one with EV charging point)
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: D
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: Yes - Private Garden
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 80%, full price £460,000, £36,800 Min Deposit. Calculated using a representative rate of 4.59%