Available through our resale shared ownership scheme, a two storey, two-bedroom, maisonette in Cranleigh.

Property description:

The property comprises a private lobby leading up to the first floor, open plan kitchen and reception, kitchen with integrated appliances, spacious two bedrooms, family bathroom with shower over bath and two large hallway storage cupboards.

The property also benefits from access to a communal garden and two allocated parking spaces.

Lease: Commenced 2021 with 999-year term

Council Tax Band: Waverly Council – E

Approx. Gross Internal Area: 994sq.ft.

LOCAL AREA INFORMATION

• Located on the outskirts of the historical village of Cranleigh, this property is surrounded by rolling green fields.

• The locality is served by 42 and 53 bus which take you to Guildford Station which is served by national rail.

• There are a variety of primary, secondary and specialist schools in the surrounding area.

• The centre of Cranleigh is accessible by car in just over 5 minutes and has a wide range of amenities including an M & S food hall, other supermarkets, a pharmacy, a hospital and medical practice, a post office, and the well-provided Cranleigh Library. In addition, Cranleigh Leisure Centre has a gym, sports courts, and a swimming pool. On Thursdays, visit Cranleigh Market for local produce ad artisanal foods.

FINANCIAL INFORMATION

Property Value = £315,000

Percentage Share = 25%

Share Price = £78,750

Monthly Ground Rent = £20.83

*Monthly Rent = £587.60

*Monthly Service Charge = £86.74

**Monthly Mortgage Payment = £402.00

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced.

Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.