3 bedroom house for sale

Available

Moorhen Place, Uckfield, TN22 5NF

£144,000 · Shared Ownership Resale

Share percentage 40%, full price £360,000, £14,400 Min Deposit.

Available
3 bedrooms
3 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£144,000 Shared Ownership Resale

Share percentage 40%, full price £360,000, £14,400 Min Deposit.

Monthly Cost: £1,232
Rent £446, Service charge £55, Mortgage £731*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Summary

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

Description

A great chance to buy a recently-constructed family home with driveway parking and gardens to front and rear. The smartly-presented, semi-detached property has a cloakroom just off the entrance hallway and a reception room which leads through to an attractive kitchen/dining room. Patio doors open onto the south-facing rear garden. On the first floor of the house is a main bedroom with en-suite shower room plus a second double bedroom, a smaller third bedroom and a simple, modern and naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. Moorhen Place is located close to Uckfield Hospital and within comfortable walking distance, or a brief cycle ride, of the railway station and town centre.

SHARED OWNERSHIP (Advertised price represents 40% share. Full market value £360,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [HERE; https://tinyurl.com/yxhwwy3b]

(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: HSPG.
Tenure: Leasehold (990 years from 2022).
Minimum Share: 40% (£144,000).
Shared Ownership Rent: £445.68 per month (subject to annual review).
Combined Insurance, Estate Charge and Management Fee: £54.77 per month (subject to annual review).
Guideline Minimum Income: Dual - £40,800 | Single - £47,000 (based on minimum share and 10% deposit).
Council Tax: Band D, Wealden 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.

Key Features
  • Guideline Minimum Deposit £14,400
  • Guide Min Income - Dual £40.8k Single £47k
  • Two Storey, Three Bedroom, Semi Detached House
  • Approx. 758 Sqft Gross Internal Area
  • High Performance Glazing
  • Bathroom, Shower Room and Cloakroom
  • Front and Rear Gardens
  • Driveway Parking
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D

Property Downloads
Floor Plan Brochure
Map
Buxted (2.91 miles) Uckfield (4.12 miles) Crowborough (5.28 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.

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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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£144,000
Shared Ownership Resale
Estimated Monthly Cost:£1,232
Rent £446
Service Charge £55
Mortgage £731

Share percentage 40%, full price £360,000, £14,400 Min Deposit. Calculated using a representative rate of 4.64%


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.