2 bed flat for sale

Flat 6 Stillwater House, 7 Electric Close, Godalming GU7

Highlight Housing, The Affordable Homes Agency, working with L&G Affordable Homes, is pleased to present this delightful two bedroom Shared Ownership apartment at 6 Stillwater House, & Electric Close, Godalming. The price shown represents purchasing a 25% share of the property.

Property Overview

Situated within a modern and well-maintained new development, this spacious two-bedroom first floor apartment offers stylish and convenient living just a short distance from Godalming town centre. Ideal for first-time buyers or downsizers, the property combines contemporary interiors with excellent transport links and an array of local amenities.

This bright and well-proportioned apartment is located on the first floor and benefits from a thoughtfully designed layout throughout. The accommodation comprises:

• Entrance hallway with storage cupboard
• Spacious open-plan living/dining room, providing an ideal entertaining space with ample natural light
• Modern fitted kitchen with integrated appliances and sleek cabinetry
• Two well-sized bedrooms, including a generous principal bedroom
• Contemporary family bathroom with quality fittings

The property also benefits from double glazing, efficient heating, and a well-kept communal entrance.

Outside

Residents enjoy access to well-maintained communal grounds, along with allocated parking and visitor spaces. The development is neatly presented, offering a pleasant and secure environment.

Financial Breakdown:

• Full Market Value: £340,000
• 25% Share Value: £85,000
• Rent on unowned share: £670.48 per month
• Service charge £95.86
• Estate charge £28.79
• Buildings insurance £14.10
• Management fee £34.89
• Reserve fund payment £64.38
• Total monthly payment excluding rent: £238.02
• Lease Length: Approximately 288 years remaining

Transport Links:

Godalming Railway Station is within easy reach (approximately 1 mile), providing regular direct services to London Waterloo in around 42-50 minutes and services to Guildford taking 8 minutes.

A3 road access is nearby, offering quick links to Guildford, the M25, and onward to London or the South Coast.

Local bus routes operate nearby, connecting surrounding towns and villages such as Guildford and Farnham.

This makes the property particularly well suited for those commuting into London or across Surrey.

Local Amenities

Godalming is a charming historic market town, with winding streets and delightful riverside meadows offering an excellent range of amenities:

• A variety of independent shops, supermarkets, cafés, and restaurants in the town centre
• Leisure facilities, including gyms, sports clubs, and scenic riverside walks along the River Wey
• Waitrose, Sainsbury's, and other everyday conveniences within close proximity
• Highly regarded schools and nurseries in the local area

For more extensive shopping and entertainment options, Guildford is just a short drive away.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum
• Be unable to purchase a suitable home on the open market
• Not already own a home or you will have sold your current home before you purchase
• Meet one of the standard criteria, such as being a first time buyer or forming a new household
• Applicants with a live or work connection to Waverley or the borough will be initially prioritised

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, service charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.

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