1 bedroom apartment for sale
Bloomery House, West Green Drive, Crawley, RH11 7NZ
Share percentage 65%, full price £215,000, £13,975 Min Deposit.
Share percentage 65%, full price £215,000, £13,975 Min Deposit
Monthly Cost: £1,129
Rent £220,
Service charge £203,
Mortgage £706*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smartly-presented, one-bedroom apartment is on the ground floor and has a reception room with attractive flooring and an open-plan kitchen featuring sleek units and integrated appliances. Double doors open onto a south-west-facing patio area. There is a spacious bedroom with fitted wardrobe and a stylish bathroom. A large storage/utility cupboard has been provided in the entrance hallway and the energy-efficiency rating is very good, thanks to well insulated walls and floors, high performance glazing and gas central heating. The town centre is only a short walk away, as is Crawley Station which offers rail services to Peterborough, Horsham, Portsmouth and London Victoria. Although there is no parking space offered with this property, the vendor informs us that communal permit parking is available on a first-come, first-served basis.
SHARED OWNERSHIP (advertised price represents the 65% share offered. Full market value £215,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [http://bit.ly/2pY3oiv]
(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: A2Dominion.
Tenure: Leasehold (125 years from 25/03/2016).
Minimum Share: 65% (£139,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £219.85 per month (subject to annual review).
Service Charge: £203.49 per month (subject to annual review).
Guideline Minimum Income: Dual - £36,700 | Single - £43,000 (based on minimum share and 10% deposit).
Council Tax: Band B, Crawley Borough 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 £13,975
- Guide Min Income Dual £36.7k | Single £43k
- Ground Floor with Small Patio Area
- Approx. 555 Sqft Gross Internal Area
- High Performance Glazing
- Gas Central Heating
- Permit Parking (first come, first served)
- Short Walk to Crawley Station
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: B
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Permit
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
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 65%, full price £215,000, £13,975 Min Deposit. Calculated using a representative rate of 4.59%