£150,000

2 bedroom flat for sale

Frimley, Camberley
flat flat
bedrooms 2 bedrooms
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Property description

Shared Ownership

This superb modern home is available to buy from as little as £150,000 with a 50% share!

A ground floor apartment located at the edge of Pine Ridge Golf Club. This well presented property provides accommodation comprising two double bedrooms, modern bathroom and an open plan kitchen/dining/living space. There is allocated parking, ample visitors parking and a long lease.

This property is ideally situated within a short distance of Camberley Railway Station. You’ve got a compact cluster of shops—both Sainsbury’s and Morrisons—along with a pharmacy and a handful of eateries within comfortable walking distance. Leisure amenities include the pub and golf centre, plus a recreation ground and pool. Schools and transport hubs are easily accessible, making this a well-connected, family friendly area.

PRICING & AFFORDABILITY

Full Market Value: £300,000

50% Share Price: £150,000 (rent £444.31 pcm)
Minimum 5% Mortgage Deposit (50% share): £7,500
Approximate Service Charges: £169.57 pcm*
Lease: 119 years

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. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* This home can also be purchased outright (100% of the value) which is £300,000 and a purchaser would not need to meet the eligibility criteria listed above.
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First listed

Over a month ago

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Frimley, Camberley

Marketed by

SOWN - National Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
Call agent on 023 8221 9179
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by SOWN - National. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SOWN - National for full details and further information.
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