Share Price £130,500 (from 45% Min. Share)

Full Value £290,000 | £6,525 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Faygate - West Sussex

place Somerset Road, RH12 0BY

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Moat Resales

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Two bedroom first floor apartment


Eligibility

Priority will be offered to MOD personnel.


Description

Moat is delighted to bring to the market this well presented two-bedroom first floor apartment situated in the Kilnwood Vale development. The nearby town centre provides comprehensive shopping facilities and a mainline rail service to London (Victoria/London Bridge) and the south coast. The A24/Horsham bypass provides access via the M23 to Gatwick Airport, the M25 and the national motorway network. Near at hand there is a variety of excellent state and private schooling.


Key Features

  • Entrance hallway with storage
  • Living/dining room with neutral décor and laminate flooring. Access to Juliet balcony
  • Modern fitted kitchen with a mix of base and wall units. Integrated oven, hob and extractor hood. Built in fridge/ freezer
  • Two double bedrooms. Access to Juliet balcony from main bedroom
  • Modern fitted bathroom W/C with white suite. Overhead shower to bath with shower screen
  • One allocated off-road parking space
  • Gas central heating to radiators
  • Communal grounds
  • Lease date: 125 years from 1 April 2019
  • EPC rating – B (86)
  • Council tax band: C

Download Documents

Property brochure 1 Energy Certificate

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 130,500
Min. £130,500
Share percentage
Min. 45%
Your deposit
Min. £6,525
Monthly cost*
£1,148
Cost breakdown
£382
Rent
£116
Service charge
£650
Mortgage*
Calculated using a representative rate of 3.94%
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Moat Resales

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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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.