£102,000
1 bed flat for saleChobham Road, Frimley, Camberley, Surrey GU16
1 bed
1 bath
1 reception
About this property
Shared Ownership
Balcony
Shared ownership one-bedroom apartment available to purchase at a 40% share of £102,000 with a minimum 5% mortgage deposit of £5,100. Shares available from 10% to 75%. Call today to arrange your appointment to view!
This well designed one-bedroom apartment with parking offers a practical and contemporary layout, ideal for first time buyers or downsizers.
The home opens into a welcoming entrance hall, providing access to two useful storage cupboards. At the heart of the apartment is a generous open plan kitchen, living and dining area, thoughtfully arranged to maximise space and natural light. The double bedroom is well proportioned, and the modern bathroom is located off the hallway.
With its efficient layout, excellent storage and open plan living, this apartment provides comfortable, contemporary living in a compact and easy to maintain home.
The development is ideally situated in Frimley, positioned just off key arterial routes including the A331 and the M3, the site benefits from excellent road connectivity to both Guildford and London. Frimley train station, a short distance away, provides direct services to Ascot and connecting routes to Reading and London Waterloo. Frimley town centre offers a strong local amenity base, including a Waitrose and aldi, high street retailers, independent cafés, and a range of pubs and restaurants. The area is attractive to families for its well-regarded schools. Frimley Park Hospital, a major nhs trust and local employer, is also located nearby.
Full Market Value: £255,000
40% Share Price: £102,000
Rent on un-owned share £350.63 pcm
Minimum deposit based on 60% share: £5,100
Estimated service charge £124.93 pcm
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
EPC and Council Tax Band: New Build, to be determined
*These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific.
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More information
Tenure
Leasehold (990 years)
Service charge
£1,499 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
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