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9 Parr Court Tudor Way

Shared ownership

Tudor Way, Woking, GU21 2UF

For sale
Shared ownership
Photo of 9 Parr Court Tudor Way
Live from space album cover

from

£70,500

with min. deposit

£3,525

30% Share from
£70,500
Full market price
£235,000
Minimum deposit
£3,525
Monthly rent
£641
Monthly service charge
£126.91
Reservation free
£300

2 bedroom flat

We are pleased to present this 2 bedroom property. You are welcomed into this property via a hallway with a good sized storage cupboard. You are then welcomed into a large open planned living/kitchen area, along with French doors allowing lots of natural light. The property has two large double bedrooms, with plenty of room for furniture. A large bathroom with a shower over bath. The property also benefits from one allocated parking spot. Lease length of 80 years.

 

Features

Allocated parking

Bedrooms2
Bathrooms1
Reception rooms1
Floor area71.1
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years80
EER Current80
EER Potential80
EIR Current71
EIR Potential71

from

£70,500

with min. deposit

£3,525

30% Share from
£70,500
Full market price
£235,000
Minimum deposit
£3,525
Monthly rent
£641
Monthly service charge
£126.91
Reservation free
£300
Southern Housing

Southern Housing

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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