Flat 1, 10 Cyprus Road, Deepcut
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Modern shared ownership home
- Ground floor
- Double bedroom
- Open plan kitchen/living space
- Long lease
- Parking
Description
This superb modern home is available to buy from as little as £112,500 with a 50% share!
A beautifully presented ground floor apartment located within a sought-after development in Deepcut. A bright and spacious living/dining room is open plan with a modern fully fitted kitchen. There is a good size double bedroom and a bathroom. There is allocated parking and the lease is 121 years.
The property is conveniently located with easy access to Frimley and Camberley town centres, and excellent commuter links via the M3 and Direct rail links to London Waterloo via Brookwood and Woking train stations. Deepcut is a rural location that offers plenty of picturesque walks along Basingstoke canal and surrounding woodland with a small High Street offering range of local amenities.
PRICING & AFFORDABILITY
Full Market Value: £225,000
50% Share Price: £112,500 (rent £355.47 pcm)
Minimum 5% Mortgage Deposit (50% share): £5,625
Approximate Service Charges: £17.39 pcm*
Shared Ownership Lease: approx. 994 years
Council Tax Band: B
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual 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.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £225,000 and a purchaser would not need to meet the eligibility criteria listed above.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Flat 1, 10 Cyprus Road, Deepcut
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Visit our security centre to find out moreDisclaimer - Property reference CAM250107. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans, Camberley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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