1 bedroom apartment for sale

Available

Ascot House, 30 Mill Mead, Staines, TW18 4QP

£73,750 Shared Ownership Resale

Share percentage 25%, full price £295,000, £7,375 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£73,750 Shared Ownership Resale

Share percentage 25%, full price £295,000

Monthly Cost: £1,020

Rent £470, Service charge £184, Mortgage £366*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A spacious, first-floor apartment in this recently-built development. Internal features include a twenty-four-foot, open-plan kitchen/reception room with sleek units, integrated appliances and wood flooring. There is a generously-sized bedroom and a stylish, modern bathroom. A pair of storage/utility cupboards have been provided in the entrance hallway and the energy-efficiency rating is very good, thanks to well insulated walls, high performance glazing and a communal heating/hot water system. The property has a balcony and comes with use of the communal garden and roof terrace. Ascot House is close to the town centre and main shopping district. Staines Railway Station, for services between Reading/Weybridge/Windsor & Eton Riverside and London Waterloo, is also just a short walk away. Very long lease.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £295,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/yrep83pu]

(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: Clarion.
Tenure: Leasehold (990 years from 01/01/2019).
Minimum Share: 25% (£73,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £470.39 per month (subject to annual review).
Service Charge: £184.37 per month (subject to annual review).
Guideline Minimum Income: Dual - £31,000 | Single - £36,900 (based on minimum share and 10% deposit).
Council Tax: Band C, 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. Pets not permitted (except assistance animals). There is no parking space offered with this property.

Key Features
  • Guideline Minimum Deposit £7,375
  • Guide Min Income Dual £31k | Single £36.9k
  • First Floor (building has a lift)
  • Approx. 576 Sqft Gross Internal Area
  • Very Good Energy Efficiency Rating
  • Balcony
  • Close to Town Centre/Railway Station
  • Very Long Lease
Particulars

Tenure: Leasehold
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Brochure
Staines (0.33 miles) Egham (1.66 miles) Ashford Surrey (1.70 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£73,750
Shared Ownership Resale
Estimated Monthly Cost:£1,020
Rent £470
Service £184
Mortgage £366

Share percentage 25%, full price £295,000, £7,375 Min Deposit. Calculated using a representative rate of 4.42%

Disclaimer
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.