£120,000

Bright and cosy two-bedroom apartment now available in Surrey, through Shared Ownership.

The property features an open-plan living room and kitchen, two bedrooms and one bathroom.

The property offers residents access to communal grounds and allocated parking space.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £120,000 for 40% share based on the marketing figure of £300,000.

Monthly rent - £545.56
Monthly Service Charge - £188.11
Total Monthly Charge - £733.67 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is located on the ground floor of a two‑storey building within a quiet residential development of mixed properties.

The nearest bus stops are a 6-8 minute walk and only a 5 minute drive to Milford train station, which provides South Western Railway services.

A local supermarket and post office are just a 6 minute walk (2 minute drive). For outdoor leisure, Sunnyhill Play Area is just a 4 minute walk away, and there are also nature walking paths nearby at Mare Hill Common.

Godalming town centre and High Street are only a 11-13 minute drive, offering a wide range of retail shops, large supermarkets, restaurants and cafés.

In addition, there are several schools within a 14 minute drive in the Milford and Godalming areas. Ideal for families with small children.

Energy rating band - C

Environmental rating band - B

Years remaining on lease: 972

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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.