2 bedroom apartment for sale
23 Bentley Grange, Binder Lane, BN27 1FA
Share percentage 75%, full price £173,333, £13,000 Min Deposit.
Share percentage 75%, full price £173,333, £13,000 Min Deposit
Monthly Cost: £1,320
Service charge £664,
Mortgage £656*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
To be eligible for Extra Care Shared Equity you must meet the relevant age criteria for the scheme, this will either be over 60. Please note the minimum share available is always 75% and rent is not payable on the unowned share.
To apply, please complete the following steps:
Applicants must complete an expression of interest form and arrange to view the property, this can be found in the downloads tab.
Upon request, applicants must provide supporting documentation noted on the Expression of Interest form so a thorough affordability assessment can be carried out - It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined, unless there are exceptional circumstances. Please ask for further details.
If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.
On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.
Summary
This spacious two-bedroom, third floor, extra care apartment is now available for a 75% purchase share at £130,000
Description
This spacious two-bedroom, third floor, extra care apartment is now available for a 75% purchase share at £130,000.
Service charges
A monthly charge of £664.41 applies for the year 1 April 2025 to 31 March 2026 (subject to final confirmation) which includes heating, hot water, buildings insurance and more. A full breakdown of costs is available upon request.
Council Tax Band: C
EPC: B
Key Features
- Two bedrooms
- Third floor apartment
- Neutrally decorated and carpeted
- Level access Shower and Wet Room
- Emergency pull-cord system and intercom
- For over 60s
- Dedicated Scheme Manager
- Landscaped gardens
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Brochure Brochure Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Communal
Outside Space/Garden: Yes - Communal Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: Yes - Lift access, Ramped access, Wet room, Wide doorways
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘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 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.
Share percentage 75%, full price £173,333, £13,000 Min Deposit. Calculated using a representative rate of 4.59%
