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Shared ownership
Leasehold

£108,000

2 bed flat for sale

Threadneedle Road, Farnham, Surrey GU9
2 beds
2 baths
1 reception
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£108,000

2 bed flat for sale
Threadneedle Road, Farnham, Surrey GU9

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

Shared ownership
Leasehold

About this property

  • Modern Shared Ownership Home

  • Two Bedrooms

  • One Bathroom

  • En-suite

  • Residents Parking

This superb modern home is available to buy from as little as £108,000 with a 30% share!

Positioned on the top floor of a well-maintained three-storey apartment building, this beautifully presented two-bedroom property offers stylish, contemporary living in a sought-after area of Farnham.

The apartment boasts a bright and spacious open-plan living room and kitchen, perfect for modern living and entertaining. The kitchen is well-fitted with sleek units and integrated appliances.
There are two generously sized bedrooms, with the master benefitting from its own en suite shower room, and a separate family bathroom serving the second bedroom.
Residents enjoy the added convenience of secure gated parking, offering peace of mind in a private setting.

Located within easy reach of Farnham’s vibrant town centre, you’ll find a wide range of local amenities including independent shops, cafés, restaurants, supermarkets, and leisure facilities. Farnham Mainline Station is just a short distance away, providing regular direct services to London Waterloo — ideal for commuters. The property also offers excellent access to the A31 and surrounding countryside, combining urban convenience with the charm of nearby green spaces.
Pricing & affordability


Full Market Value: £360,000

30% Share Price: £108,000 (rent £560.58pcm)
Minimum 5% Mortgage Deposit (30% share): £5,400
Approximate Service Charges: £223.15pcm*
Lease: 149 Years
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 £360,000 and a purchaser would not need to meet the eligibility criteria listed above.

More information

  • Tenure

    Leasehold (148 years)

  • Service charge

    £2,678 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

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SOWN - Shared Ownership

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