2 bedroom apartment for sale
Cuthbert Court, Godstone Road, Whyteleafe, CR3 0GD
Share percentage 75%, full price £230,000, £17,250 Min Deposit.
Share percentage 75%, full price £230,000
Monthly Cost: £1,080
Service charge £224, Mortgage £856*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership Basis with No Rent to Pay
Description
A beautifully-presented apartment in the Well Farm Heights development. This ground-floor property has a twenty-one-foot, open-plan kitchen/reception room with attractive flooring, a window at one end and west/south-west-facing doors at the other. There is a spacious main bedroom plus a second, comfortable, double bedroom. Both bedrooms include a fitted wardrobe. The bathroom has been upgraded by the current owner and there is a good-sized entrance hall. Well insulated walls, modern double glazing and gas central heating make for a good energy-efficiency rating. The apartment comes with use of an allocated parking space and Ethelred Court is also just minutes from Whyteleafe South Station for rail services between Caterham and London Bridge. Nearby Manor Park offers green, open space to enjoy.
SHARED OWNERSHIP WITH NO RENT (Advertised price represents 75% share. Full market value £230,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/54cvza28]
(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 (to be returned to 99 years on completion of sale).
Share Available: 75% (£172,500).
Shared Ownership Rent: N/A. No shared ownership rent charged on this property.
Service Charge: £224.30 per month (subject to annual review).
Guideline Minimum Income: Dual - £36,300 | Single - £42,600 (based on minimum share and 10% deposit).
Council Tax: Band C, Tandridge District 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 £17,250
- Guide Min Income Dual £36.3k | Single £42.6k
- Ground Floor
- Approx. 612 Sqft Gross Internal Area
- Open Plan Kitchen/Reception Room
- Fitted Wardrobes in Both Bedrooms
- Stylish Bathroom
- Modern Double Glazing and Gas Central Heating
- Parking Space
- Minutes from Whyteleafe South Station
Particulars
Tenure: Leasehold
Council Tax Band: C
Property Downloads
Floor Plan BrochureThe ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 75%, full price £230,000, £17,250 Min Deposit. Calculated using a representative rate of 4.42%
Calculate estimated monthly costs