1 bed flat for sale

Upper Charles Street, Camberley, Surrey GU15

Shared Ownership

This superb modern home is available to buy from as little as £57,000 with a 30% share!

Situated on the first floor, this well-presented one-bedroom apartment offers approximately 495 sq ft of bright and modern living space. The property features a spacious open-plan kitchen, living and dining area with direct access to a private balcony, creating the perfect space for both relaxing and entertaining. There is a generous double bedroom, a contemporary bathroom and useful storage, all presented to a high standard throughout. The apartment also benefits from one allocated parking space.

Ideally located in the heart of Camberley town centre, the property is just a short walk from The Square shopping centre, a wide selection of cafés, restaurants, bars and leisure facilities, including The Atrium. Residents can also enjoy nearby parks and green spaces, while excellent local amenities make this a highly desirable place to live.

For commuters, Camberley railway station is within easy walking distance, offering services to Ascot, Guildford and Reading, while nearby Blackwater and Farnborough stations provide additional connections to London. The property also benefits from excellent road links via the A30, M3 and M25, making it ideal for those travelling across the South East.
Pricing & affordability


Full Market Value: £190,000

30% Share Price: £57,000 (rent £442.40pcm)
Minimum 5% Mortgage Deposit (30% share): £2,850
Approximate Service Charges: £163.30pcm*
Lease: 106 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 £190,000 and a purchaser would not need to meet the eligibility criteria listed above.