1 bedroom shared living/flatmate for sale

Overview

Shared OwnershipThis superb modern home is available to buy from as little as £88,000 with a 40% share!Situated within the highly sought-after area of Knaphill is this first floor apartment, available through the Shared Ownership scheme. The accommodation includes: entrance hall, a spacious open plan lounge/diner with access through to a fitted kitchen, a large double bedroom and a bathroom. Externally are communal gardens and off road parking.Knaphill village has a vibrant range of shops, pubs and restaurants, including a Post Office. For more comprehensive shopping, Sainsbury's superstore is also close by. For commuting, Brookwood station provides a regular service direct to London Waterloo, Woking and Guildford. For those who enjoy the outdoors, there is Brookwood Country Park close by which is ideal for dog walking or a family stroll.PRICING & AFFORDABILITYApproximate Size: sq ftFull Market Value: £220,00040% Share Price: £88,000 (rent £551.91pcm)Minimum 5% Mortgage Deposit (% share): £4,400Approximate Service Charges: £142.40pcm* Shared Ownership Lease: approx. 78 yearsCouncil Tax Band: CELIGIBILITYShared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright although this is not a guarantee.To be eligible for shared ownership you would need to meet the following criteria: Your annual household income does not exceed £80,000. You have a deposit of at least 5% of the share value You do not own another property or have your name on the deeds or a mortgage for a property worldwide. This will be your only residence. You are a permanent UK resident or have indefinite right to remain.*Service charges are estimated and may subject to change.** This home can also be purchased outright (100% of the value) which is £220,000 and a purchaser would not need to meet the eligibility criteria listed above. For more details and to contact: https://realtyww.info/rooms_1_broadway-d629712/for-sale_i70110202

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