3 bedroom terraced house for sale

£106,250 Shared ownership

Bourne Mill, Farnham Surrey GU9

3 bedroom terraced house for sale 3 1
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Property description

Don't miss out on the last two fantastic 3 bedroom houses

To book an appointment or if you have any questions, please contact Natasha Tull as soon as possible

For further details on Shared Ownership please visit the Clarion website.

To book an appointment or if you have any questions, please contact the Customer Service Team Sales as soon as possible.

Modern development in a beautiful natural setting

Full market price - £425,000
25% share price - £106,250
Monthly rent - £730
Monthly service charge - £96
Monthly mortgage - £532

Eligibility

Applicants must be currently living or working in Waverley.

What is Shared Ownership?

Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under most Shared Ownership schemes, you buy a share of between 25% and 75% of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can usually buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Am I eligible?

There are certain conditions to be eligible for a Shared Ownership property:

  • Your annual household income must be no more than £80,000 (for London boroughs this is £90,000).

  • You must be unable to purchase a home suitable for your needs without assistance.

  • In many cases, you must be able to demonstrate a connection to the local area of the development.

  • You must not have any outstanding credit issues (i.e. Unsatisfied defaults or county court judgments).

  • You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

    If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property.

    Bourne Mill’s homes occupy a new site next to a former mill pond, seamlessly integrated into the surrounding wildlife area.

    The development consists of two attractive modern terraces (with eight houses each) that follow the lines of the mill pond on the eastern side of the site, separated by an access road that crosses over the existing streams. Resident and visitor parking spaces are available opposite the front entrances of both terraces. Each plot also has a long garden and path at the front, with new trees planted at the entrances of the properties. Between the terraces is a fenced central play area for children.
  • Nearby transport

    • Farnham (0.6 miles)
    • Aldershot (2.2 miles)
    • Ash (3.8 miles)
    • London Heathrow Airport (22.7 miles)
    • London Gatwick Airport (26.3 miles)
    • Southampton Airport (31.0 miles)
    • Weybridge Ferry Landing (18.2 miles)
    • Shepperton Ferry Landing (18.2 miles)
    • Moulsey - Hurst Park Ferry Landing (22.6 miles)

    Nearby schools

    View all schools in Waverley
    • St Polycarp's Catholic Primary School, Farnham (0.5 miles)
    • South Farnham School (0.7 miles)
    • St Andrew's Church of England Infant School (0.7 miles)
    • The Abbey School (0.7 miles)
    • Farnham Heath End (0.9 miles)
    • All Hallows Catholic School (1.2 miles)
    • Barfield School (1.1 miles)
    • The Ridgeway School (1.2 miles)
    • Edgeborough School (2.5 miles)
    Note: Distances are straight line measurements

    About the neighbours in GU9

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    Clarion Housing - Bourne Mill, GU9 on +44 1252 943780 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarion Housing - Bourne Mill, and do not constitute property particulars. Please contact Clarion Housing - Bourne Mill for full details and further information. The Running Costs data displayed on this page are provided by SmartNewHomes to give an indication of potential running costs based on various data sources. SmartNewHomes does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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