£108,000
2 bed flat for saleThreadneedle Road, Farnham, Surrey GU9
2 beds
2 baths
1 reception
EPC Rating: C
- Shared ownership
- Leasehold
SOWN - Shared Ownership
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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.
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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