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£110,000

The Heart, Walton-on-thames, Surrey, KT12

  • 1 bed
Flat
Under offer/SSTC

£110,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£502 per month

Minimum deposit amount:

£5,500
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This beautifully presented one bedroom apartment is located on the second floor of the popular Heart development and situated in the town centre of Walton-on-Thames. The town centre offers an array of boutique shops, cafés, pubs and restaurants and within one mile of the mainline train station. Inside, the apartment is bright, modern and decorated to a very high standard throughout. The open plan living room is approximately 26ft in length with doors leading to the balcony. The balcony faces the rear of the development which has lovely views. The open plan kitchen has a range of base level and wall mounted units, including a breakfast bar, integrated undercounter fridge and freezer, and integrated dishwasher, ceramic hob and electric oven. The bedroom is approximately 16ft in length with built in storage cupboards. The floor to ceiling windows allows an abundance of light into the room. The bathroom provides a matching suite, with shower over the bath, partial mirror walls and heated towel rail. The property has ample storage in the entrance hall and provides lots of space. The development provides a lift, 7 day a week concierge, 24/7 security team and CCTV, underground car park with allocated parking space and landscape communal gardens. This property is offered as a share of ownership with a 40% share of the property with an EPC rating C. The full market value is £285,000 through the housing association A2 Dominion. Leasehold Minimum Share: 40% (£114,000).Shared Ownership Rent: £442.15 per month Service Charge: £292.42 per month (subject to annual review, this figure is for the year April 2023 - March 2024).Sinking fund: £27.54 per month Guideline Minimum Income: £48,000 (based on minimum share and 10% deposit).Council Tax: Band C, Elmbridge Borough Council. Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and Homes England outside of London.

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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