2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (90 years remaining)
- Modern Shared Ownership home
- Parking
- 2nd floor
- Spacious lounge/kitchen/diner
- Less than 10 miles from Heathrow Terminal 5
- Walking distance to train station
This superb modern home is available to buy from as little as £162,500 with a 50% share!
Set within walking distance of Walton-on-Thames train station and Walton High Street, second floor modern apartment offers spacious accommodation and comes with the benefit of an allocated parking space. Featuring a dual aspect, open plan lounge/kitchen/diner, two double bedrooms and a bathroom.
Walton High Street is about a mile away and offers a great selection of local shops and restaurants and at the end of the High Street is the Heart shopping centre with an extensive choice of stores, eateries and 24 hour gym. The town also has a leisure centre, theatre, cinema and health and tennis clubs and there are lovely walks along the tow path by the river Thames.
The train station is around ¼ mile from the apartment and offers 96 trains every weekday to London Waterloo with the average time being 31 minutes. Terminal 5 at Heathrow is about 9.5 miles away and Buckingham Palace is about 17 miles by car.
PRICING & AFFORDABILITY
Approximate Size: 657 sq ft
Full Market Value: £325,000
50% Share Price: £162,500 (rent £506.98 pcm)
Minimum 5% Mortgage Deposit (50% share): £8,125
Approximate Service Charges: £164.99 pcm*
Shared Ownership Lease: approx. 91 years
Council Tax Band: D
ELIGIBILITY
Shared 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 £325,000 and a purchaser would not need to meet the eligibility criteria listed above.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference SDO240137. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN - National.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 17, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 17, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.