2 bedroom apartment for sale
Broadley House, 8 Hewitts Way, Walton-on-Thames, KT12 1GN
Share percentage 65%, full price £450,000, £29,250 Min Deposit.
Share percentage 65%, full price £450,000
Monthly Cost: £2,113
Rent £412, Service charge £250, Mortgage £1,451*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This well-proportioned apartment is on the top floor of a recently-constructed development and has a spacious, dual-aspect reception room with attractive flooring and an open-plan kitchen area with integrated appliances. Double doors lead out onto a south-west-facing balcony which overlooks the courtyard. There is a main bedroom with fitted, mirror-fronted wardrobe and en-suite shower room plus a good-sized second bedroom and a simple yet stylish bathroom. A large storage/utility cupboard has been provided in the entrance hallway and the energy-efficiency rating is good, thanks to demanding insulation standards and high performance glazing. The apartment comes with a parking space, the development has a residents' gym and is only a short walk from Walton-on-Thames Station for rail services between Woking/Basingstoke and London Waterloo.
SHARED OWNERSHIP (Advertised price represents 65% share. Full market value £450,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4pc9562m]
(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 01/01/2020).
Minimum Share: 65% (£292,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £411.80 per month (subject to annual review).
Service Charge: £249.85 per month (subject to annual review).
Guideline Minimum Income: Dual - £74,000 (based on minimum share and 20% deposit £58,500). | Single - £76,700 (based on minimum share and 30% deposit £87,750).
Council Tax: Band C, Elmbridge 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. Pets not permitted (except assistance animals).
Key Features
- Guide Dual Income £74k 25% deposit £58.5k
- Guide Single Income £76.7k 25% deposit £87.8k
- Top Floor (fourth, building has a lift)
- Approx. 766 Sqft Gross Internal Area
- Dual Aspect Kitchen/Reception Room
- Bathroom plus En-Suite Shower Room
- Balcony
- Residents' Gym
- Covered Parking Space
- Short Walk from Walton-on-Thames Station
Particulars
Tenure: Leasehold
Council Tax Band: C
Property Downloads
Floor Plan BrochureThe ‘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 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.
Share percentage 65%, full price £450,000, £29,250 Min Deposit. Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
