Shared Ownership
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2 Bedroom Flat

Fairfields House, Chieftain Road, Longcross, KT16

£ 143,500

Call the Shared Ownership branch on 02380 820 121

Features:

  • Brand new Shared Ownership home
  • Open plan lounge/kitchen/diner
  • En suite
  • Walking distance to Longcross train station
  • Fantastic local amenities
  • Private balcony

 

Property Description:

Shared Ownership

This brand new home is available to buy from as little as £143,500 with a 35% share!

Welcome to West Village, the latest development in the Upper Longcross story, which brings affordable living to leafy Surrey, within easy reach of central London.

Close to the station, handy for the airports and motorways, boasting breath-taking architecture, energy efficient design, Longcross offers everything you could ask for in a contemporary community, nestled in the heart of the countryside in Surrey's newest garden village, yet close to all the amenities you need.

This superb first floor apartment has accommodation including: an open plan lounge/kitchen/diner, two double bedrooms (master with en suite), bathroom and a private balcony.

Longcross is nestled in the heart of the countryside in Surrey's newest garden village, yet close to all the amenities you need.

There really is no county quite like Surrey. Living at Longcross, you're surrounded by charming towns and villages such as Ascot, Virginia Water and Chobham, offering you all the facilities you need. There are local golf clubs, restaurants and traditional pubs to enjoy. You'll be spoilt with the choice of country walks and riverside places to explore. There are historic houses and places of national interest such as Runnymede and Westcroft Park. The area offers a wonderful choice of schools in nearby Windsor and Chobham. Yet all this idyllic rural living is less than an hour's commute to London Waterloo from the local rail station.

Stay close to home or travel further afield for work or leisure, you will find everything has been considered. With a train station just a short walk away, and easy access to the M3, M25 and two major airports, you will find getting around is simple.

PRICING & AFFORDABILITY

Approximate Size 806 sq ft

Full Market Value: £410,000

35% Share Price: £143,500 (rent £610.73pcm)

50% Share Price: £205,000 (rent £469.79pcm)

75% Share Price: £307,500 (rent £238.90pcm)

Minimum 5% Mortgage Deposit (35% share): £7,175

Approximate Service Charges: £167.88 pcm*

ELIGIBILITY

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front 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.

To be eligible for shared ownership you would need to meet the following criteria:

' Your household income does not exceed £80,000

' You have a deposit of at least 5% of the share value

' You do not own another property or have your name on the deeds or a mortgage for a property worldwide.

' This will be your only residence.

' You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are only estimated at this time and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and 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. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

 

Call the Shared Ownership branch on 02380 820 121