Modern two‑bed shared ownership apartment with low deposit and allocated parking..
40% shared ownership available — purchase price £112,000 for 40% share
5% minimum deposit required for purchase
Monthly total charge £590.01 (rent £459.18 + service charge £130.83)
Allocated off-street parking, communal grounds, and bike storage
120 years remaining on lease; leasehold tenure
Open-plan attic conversion with skylights but low/sloped ceilings in places
Service charge approx. £1,570pa; annual rent increase each April
EPC B, fast broadband, excellent mobile signal
This bright two-bedroom second-floor apartment in Owlsmoor House offers an affordable route onto the property ladder through Shared Ownership (40% share). The home has a modern open-plan kitchen and living area, two well-proportioned bedrooms, and a bathroom. Natural light from skylights and sloped ceilings gives the living space an airy, contemporary attic-penthouse feel. EPC rating B and fast broadband make it practical for everyday life and homeworking.
The purchase price shown is £112,000 for a 40% share of a £280,000 valuation; a 5% minimum deposit is required. Monthly costs are split between rent and service charge — currently £459.18 rent plus £130.83 service charge (total £590.01) — and an annual rent increase applies every April. A mortgage will be required for the 40% share; buyers should check affordability and mortgage availability for shared ownership.
Practical points: allocated off-street parking, communal grounds and bike storage, 120 years remaining on the lease, and a service charge averaging £1,570 per year. The area is very affluent, well connected to Camberley and wider transport links, and local schools include several rated Good and higher. This property suits first-time buyers or couples seeking a low-deposit entry with manageable monthly costs.
Notable drawbacks are straightforward: the property is leasehold and sold via shared ownership (40% share only), there is an annual rent increase, and the open-plan attic layout includes low/sloped ceilings in places which may limit some furniture layouts. Prospective buyers should seek independent legal and mortgage advice about lease length and shared-ownership terms before committing.
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