Share Price £90,000 (from 50% Min. Share)

Full Value £180,000 | £4,500 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Tongham - Surrey

place Overten Court, Guildford, GU10 1EY

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This is a purpose built modern one bedroom flat in a good residential location.


Description

Available for £90,000 for 50% share based on the marketing figure of £180,000
Monthly Rent -£199.92
Monthly Service Charge -£102.28

Total Monthly Charge -£302.20 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Please note that priority will be given to applicants who live or work within the Local authority of Guildford.

Property details:

Hallway
Water Cylinder Cupboard

Modern fitted kitchen
2.4m x 2.32m

Living room
4m x 5m

Bathroom
3 piece suite with shower over bath

Bedroom 1
3.93m x 3.1m

Outside
One allocated parking space

EPC Rating
Energy Rating Band - B
Environmental Impact Rating Band - B


All room dimensions approximate.
Please note figures given for rent and service charge are correct at time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up to date information.


Key Features

First floor flat
Open plan living and kitchen area
Off street parking
Double Glazing
Good transport links into near by towns


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Calculate Monthly Cost

Share price
£ 90,000
Min. £90,000
Share percentage
Min. 50%
Your deposit
Min. £4,500
Monthly cost*
£750
Cost breakdown
£200
Rent
£102
Service charge
£448
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.