1 bedroom apartment for sale
Available
Greensted Court, Godstone Road, CR3 0GP
£157,500 · Shared Ownership Resale

Share percentage 75%, full price £210,000, £15,750 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£157,500 Shared Ownership Resale

Share percentage 75%, full price £210,000, £15,750 Min Deposit.

Monthly Cost: £778
Service charge £99, Mortgage £679*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a Modern One-Bedroom Apartment on a Shared Equity (Reduced Purchase Price) Basis

Description

A smartly-presented apartment on the first floor of this modern development. The property is generously proportioned and features a 23' reception room with open-plan kitchen area and a Juliette balcony. There is a large bedroom with built-in wardrobes, a spacious entrance hallway and a simple, white-tiled bathroom. Well insulated walls, double glazing and gas central heating make for a good energy-efficiency rating. The apartment comes with use of an off-street parking space and is also just minutes from Whyteleafe South Station for rail services between Caterham and London Bridge.

Shared Equity is a scheme designed to help first time buyers purchase a home they may not normally be able to afford on the open market. By retaining a 25% stake in the property, a housing association can offer the property for 75% of the full market value and, if you choose to, you can staircase up to 100% in the future, when it's affordable to you. Unlike Shared Ownership (part buy/part rent), there's no rent to pay on the share you don't own, so it's even more affordable.

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM https://bit.ly/3CORMma

(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.)

Tenure: Leasehold (99 years from 2006).
Service Charge: £99.05 per month, including sinking fund (subject to annual review).
Guideline Minimum Income: £31,500 (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 £15,750
  • Guideline Income Dual £31,500
  • First Floor with Juliette Balcony
  • Approx. 560 Sqft Gross Internal Area
  • Open-Plan Kitchen/Reception
  • Fitted Wardrobes in Bedroom
  • Parking Space
  • Minutes from Whyteleafe South Station
Property Downloads
Floor Plan Brochure Energy Certificate
Map
Whyteleafe South (0.20 miles) Upper Warlingham (0.51 miles) Whyteleafe (0.66 miles)
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.

Read More Read Less
  • 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.

£157,500
Shared Ownership Resale
Estimated Monthly Cost:£778
Rent £0
Service Charge £99
Mortgage £679

Share percentage 75%, full price £210,000, £15,750 Min Deposit. Calculated using a representative rate of 3.09%


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.