2 bed flat for sale

Kidwell Place, 70 Between Streets, Cobham KT11

Shared Ownership

This superb modern home is available to buy from as little as £131,250 with a 35% share!

This beautifully presented second floor apartment is offered to the market with no onward chain complications. The bright and spacious accommodation provides a large open plan living space and fully fitted kitchen, two bedrooms and a modern bathroom. The property further benefits from allocated parking and a long lease.

Cobham is a village in the Borough of Elmbridge in Surrey, England, centred 17 miles south-west of London and 10 miles northeast of Guildford on the River Mole. It High Street with a range of services and amenities, a significant number of primary and private schools and the Painshill landscape park.
Pricing & affordability


Full Market Value: £375,000

35% Share Price: £131,250 (rent £711.60)
Minimum 5% Mortgage Deposit (35% share): £6562.50
Approximate Service Charges: £103.30*
Shared Ownership Lease: Approx. 121 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. 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 £375,000 and a purchaser would not need to meet the eligibility criteria listed above.