£200,000
1 bed flat for saleSt. Lukes Square, Guildford GU1
1 bed
1 bath
1 reception
EPC Rating: B
About this property
1 bedroom apartment
Modern fitted kitchen
Modern bathroom/shower room
No onward chain
Allocated and visitor parking
Great location within the block
Great road, rail and bus links close at hand
Quiet tucked-away corner position
75% ownership - no rent payable on remaining 25%
A superb opportunity to acquire this immaculately presented one-bedroom first floor apartment quietly tucked away in a peaceful corner south facing position and offered for sale with no onward chain. Measuring approximately 468 sq ft (43.5 sq m), the apartment offers well-proportioned accommodation and is presented in excellent order throughout.
The accommodation comprises a welcoming entrance hall leading into a generous lounge measuring approximately 13'10" x 12'2", providing an excellent principal living space. The modern fitted kitchen is positioned off the lounge and benefits from a practical layout. There is a well-proportioned double bedroom measuring approximately 11'0" x 10'4", together with a contemporary fitted shower room. The property further benefits from allocated parking and visitor parking, while the development is surrounded by well-maintained communal grounds.
A Unique Shared Ownership Opportunity
One of the key benefits of this property is its highly unusual shared ownership arrangement. The purchaser acquires a 75% share of the property, while the remaining 25% is covered by the Housing Association, Halo, meaning there is no rent to pay on the remaining share.
This is a particularly unique arrangement associated with this block of flats and offers an excellent opportunity for a buyer to own a substantial share of the property without the usual rental payments associated with the remaining share.
There are no restrictions on who can purchase the property, making this opportunity available to anyone who meets the purchase requirements.
An arrangement like this is extremely rare and could provide an attractive way to secure a significant ownership interest in a property while keeping the ongoing costs lower than you might normally expect with shared ownership.
The property is ideally positioned for enjoying all that Guildford has to offer. The High Street and town centre are within easy reach, with Sainsbury's approximately 0.2 miles away and Waitrose around 0.3 miles, while the Friary Shopping Centre and extensive range of restaurants, cafés and everyday amenities are also close by.
St Luke's Surgery / Boots Pharmacy is approximately 220 yards walk away and with Austen Road Surgery around 0.3 miles.
For leisure, Guildford Spectrum, local gyms and fitness facilities, G Live and the Yvonne Arnaud Theatre are all readily accessible.
London Road Station is approximately 0.5 miles away and Guildford mainline station around 0.9 miles, providing excellent links towards London Waterloo.
The A3 is approximately 1.3 miles away, giving access towards London, the M25 and wider motorway network.
To book a Viewing it's simple and confirmed instantly 24/7, just click on the full details, click on the Brochure Tab at the bottom of this Advert, and hit the viewing button or just visit the Purplebricks website/download our App. Hit the viewing request button. 24 hours a day.
Property Ownership Information
Tenure
Leasehold
Council Tax Band
C
Annual Ground Rent
£150.00
Ground Rent Review Period
No review period
Annual Service Charge
£2,197.44
Service Charge Review Period
Every 1 year
Lease End Date
01/01/2121
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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Leasehold (Ask agent)
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