House For Sale £243,000
* SUPER CHANCE TO GET ON THE PROPERTY LADDER WITH THIS 54% SHARE BEING OFFERED * A wonderfully presented 2 double bedroom "Leasehold" semi detached house available on a part buy part rent basis. This delightful cottage is situated in a coveted rural setting close to Elstead Village Green and Thursley Nature Reserve, renowned for it's flora and fauna.
Elstead lies some 5 miles to the south west of Farnham and is ideally placed for commuting to Farnham, Godalming, Guildford and beyond. The village offers a good range of facilities including local shops, public houses, sporting amenities and a highly regarded junior school. There is excellent walking and riding country around the village. Both Farnham and Godalming offer excellent train services to Waterloo and there is a regular bus service to Farnham, Godalming and Guildford.
LEASEHOLD. The property will be sold on a 99 year shared ownership lease granted in November 2018. At present the fixed asking price represents a purchase of 54% of the whole property. A monthly payment of £416.45 is required to the trust. 10% of the whole is available to be purchased annually up to a maximum of 80%. Contact for Rural Housing Trust is Jeremy Page[use Contact Agent Button] or [use Contact Agent Button]
Agent's Notes
* The purchaser may only ever buy a maximum 80% of the equity. RHTL has to retain the remaining 20% in perpetuity to ensure that the property remains an affordable home for local people. * A purchaser must buy the share of the property being sold. Staircasing (purchase of more equity) cannot be initiated until after completion of purchase.
Applicants must be eligible to buy a shared ownership home as detailed on the Government website .
SAT NAV - GU8 6DG. From Farnham station, fork left immediately after the railway crossing into Waverley Lane and continue along this road, following it around to the right after crossing the River Wey at Waverley Abbey. After about three miles, upon entering Elstead, turn right immediately after the Golden Fleece into Thursley Road, and continue along this road for just over half a mile and the entrance can be found on the right hand side just after Staceys Meadow.
LEASEHOLD. The property will be sold on a 99 year shared ownership lease granted in November 2018. At present the fixed asking price represents a purchase of 54% of the whole property. A monthly payment of £416.45 is required to the trust. 10% of the whole is available to be purchased annually up to a maximum of 80%. Contact for Rural Housing Trust is Jeremy Page[use Contact Agent Button] or [use Contact Agent Button]
Agent's Notes
* The purchaser may only ever buy a maximum 80% of the equity. RHTL has to retain the remaining 20% in perpetuity to ensure that the property remains an affordable home for local people. * A purchaser must buy the share of the property being sold. Staircasing (purchase of more equity) cannot be initiated until after completion of purchase.
Applicants must be eligible to buy a shared ownership home as detailed on the Government website .
