Overview
This naturally bright two-bedroom shared ownership top-floor apartment is situated in one of Guildford’s most sought-after private developments.
This luxury apartment offers a large master bedroom, a second double bedroom, a large family bathroom and extensive living/dining space. The living space benefits from views of the communal garden and bespoke children’s playground
Externally the property offers one allocated parking space, access to extensive communal gardens and bike storage all contained within an electronically gated perimeter.
The Cloisters is a 9-minute car journey to Guildford town centre, or alternatively a 12-minute bus ride/35-minute walk, with its excellent range of shopping, recreational and educational amenities. It also offers fast and frequent rail services to London Waterloo (38 minutes) from its mainline station. The nearby A3 provides a rapid link to the M25 motorway, which makes for easy travel via Gatwick and Heathrow international airports.
The property is a 7-minute walk from the sought-after George Abbot secondary school and a 7-minute drive to Bushy Hill Junior.
Enquire early to avoid disappointment.
£122,500 shared ownership 35%, option to purchase up to 100% at £350,000.
Minimum household income requirement: £25,893 per annum
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Leasehold/Shared Ownership:
99 Years from 1 September 2007
Years remaining on lease: 84 approx.
Approximate internal area: 61 sq. M.
Local authority: Guilford Borough Council
Council tax band: D
EPC rating: B (82)
Current Charges:
Rent - £513.97pm
Service Charge - £117.90pm
Ground rent: £75.00 per annum
These charges represent a 35% share of the full open market value of £350,000. This includes management charges, service charges and building insurance.
Both the ground rent and service charges are reviewed annually.
Leasehold Information
Number of years remaining on the lease: 89 years
Current ground rent and any review period:
- £75 per year
- 1 year
Current service charge and any review period:
- £117.90 per month
- 1 year
Shared Ownership Information:
- Shared ownership percentage: 35%
Council tax band: D