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1 bedroom apartment for sale

Available

Bloomery House, West Green Drive, Crawley, RH11 7NZ

£139,750 Shared Ownership Resale

Share percentage 65%, full price £215,000, £13,975 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£139,750 Shared Ownership Resale

Share percentage 65%, full price £215,000

Monthly Cost: £1,129

Rent £220, Service charge £203, Mortgage £706*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
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Summary

A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

This smartly-presented, one-bedroom apartment is on the ground floor and has a reception room with attractive flooring and an open-plan kitchen featuring sleek units and integrated appliances. Double doors open onto a south-west-facing patio area. There is a spacious bedroom with fitted wardrobe and a stylish bathroom. A large storage/utility cupboard has been provided in the entrance hallway and the energy-efficiency rating is very good, thanks to well insulated walls and floors, high performance glazing and gas central heating. The town centre is only a short walk away, as is Crawley Station which offers rail services to Peterborough, Horsham, Portsmouth and London Victoria. Although there is no parking space offered with this property, the vendor informs us that communal permit parking is available on a first-come, first-served basis.

SHARED OWNERSHIP (advertised price represents the 65% share offered. Full market value £215,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [http://bit.ly/2pY3oiv]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 25/03/2016).
Minimum Share: 65% (£139,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £219.85 per month (subject to annual review).
Service Charge: £203.49 per month (subject to annual review).
Guideline Minimum Income: Dual - £36,700 | Single - £43,000 (based on minimum share and 10% deposit).
Council Tax: Band B, Crawley Borough Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

Key Features
  • Guideline Minimum Deposit £13,975
  • Guide Min Income Dual £36.7k | Single £43k
  • Ground Floor with Small Patio Area
  • Approx. 555 Sqft Gross Internal Area
  • High Performance Glazing
  • Gas Central Heating
  • Permit Parking (first come, first served)
  • Short Walk to Crawley Station
Particulars

Tenure: Leasehold
Council Tax Band: B

Property Downloads
Floor Plan Brochure
Crawley (0.37 miles) Ifield (0.98 miles) Three Bridges (1.38 miles)
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Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£139,750
Shared Ownership Resale
Estimated Monthly Cost:£1,129
Rent £220
Service £203
Mortgage £706

Share percentage 65%, full price £215,000, £13,975 Min Deposit. Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Disclaimer
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.