Share Price £70,000 (from 25% Min. Share)

Full Value £280,000 | £3,500 Min. Deposit

Scheme: Shared Ownership

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Kilnwood Vale - 2 bed apartment in Faygate - West Sussex

place Rookfield Road, RH12 4SE

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New 2 bed apartments in Faygate, West Sussex set in 140 acres of natural space, available with Shared Ownership. Register today!


Eligibility

  • Have a combined household income under £80,000
  • Not own a property, or part of a property, at the time of completing on your purchase
  • Have a minimum of £5,000 to cover the costs of buying a home
  • Eligible buyers must also be registered with Help to Buy

Description

A new development in Faygate, West Sussex.

Plot 486 is a two bedroom, second floor apartment available with Shared Ownership from Legal & General Affordable Homes.

  • Available to purchase from 25% share at £70,000
  • 5% deposit of 25% share: £3,500
  • Rent on unowned share 2.75% of 75% : £481.25 per month

Available from just a 25% share with Shared Ownership, this bedroom apartment provides a contemporary-styled kitchen with fully-integrated Zanussi appliances, a spacious living/dining room with Juliette balcony, two bedrooms and excellent storage throughout. Two allocated parking bays and a 12 year NHBC warranty are also included.

Situated in 140 acres of natural open space, residents at Kilnwood Vale can enjoy access to a new neighbourhood park, community green and sports areas, as well as a range of nearby amenities including a primary school, shopping centre, country park and selection of restaurants.

Kilnwood Vale is conveniently located in close proximity to the M23 and A23 and provides access to London in less than an hour from Faygate Station, and Gatwick Airport within a 15 minute drive. The frequent bus service from the development also provides routes to Crawley, Horsham and Gatwick Airport.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

Images are indicative and intended to act as a guide only.


Key Features

Kitchen
• Contemporary kitchen with chrome handles
• Wood effect laminate worktop with matching upstand
• Stainless steel splashback to hob
• Stainless steel 1½ bowl sink with chrome mixer tap
• Zanussi electric single oven, ceramic hob and telescopic chimney hood
• Zanussi integrated fridge/freezer
• Zanussi integrated washer/dryer
• Zanussi integrated dishwasher


Bathroom
• Contemporary white bathroom suite comprising bath,
close coupled WC, pedestal basin with chrome mixer tap.
• Glass shower screen
• Thermostatic bath/shower mixer over bath
• Large format wall tiling to bath and splashback tiling to basin area
• Chrome heated towel rail


Flooring
• Wood effect vinyl flooring to hall, kitchen, living room and bathroom
• Twist carpet to stairs and bedrooms

General
• White UPVC double glazed windows
• Juliette balcony
• Walls, ceilings, architraves and skirtings painted white
• White four panel internal doors with chrome ironmongery
• Wardrobe to master bedroom
• Gas central heating via Combi Boiler and white contemporary radiators
• NHBC 12 year build warranty

Electrical
• Audio door entry system
• LED downlighters to kitchen and bathroom
• Pendant lighting to all other areas
• Chrome sockets and switches
• Integrated Reception System (IRS) socket to living room connecting to
communal satellite dish and aerial
• Telephone point to hall cupboard and living room.
• Smoke, heat and carbon monoxide detectors
• Extractor fan to bathroom and kitchen
• Shaver socket to bathroom


Apartment Communal Areas
• Carpet to communal areas
• Lockable post boxes to lobby area
• Refuse store
• Lockable bike store


Download Documents

Link to the floor plan Property brochure 1 Property price list Energy Certificate
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Calculate Monthly Cost

Share price
£ 70,000
Min. £70,000
Share percentage
Min. 25%
Your deposit
Min. £3,500
Monthly cost*
£1,011
Cost breakdown
£481
Rent
£181
Service charge
£349
Mortgage*
Calculated using a representative rate of 3.94%
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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.