3 bedroom house for sale

Under Offer

Whittaker Drive, , RH6 9FB

£160,000 · Shared Ownership Resale

Share percentage 40%, full price £400,000, £16,000 Min Deposit.

Under Offer
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£160,000 Shared Ownership Resale

Share percentage 40%, full price £400,000, £16,000 Min Deposit.

Monthly Cost: £1,322
Rent £482, Service charge £32, Mortgage £808*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

A 3 bed shared ownership property available in Horley, Surrey

Description

A spacious mid-terraced house is available for sale through the Shared Ownership Scheme. The property comprises an entrance hall, cloakroom with WC, kitchen, and lounge with access to the garden. On the first floor, there are three bedrooms and a bathroom shower over the bath. Externally the property offers landscaped private front patio and two parking bays at the back. This property would make a perfect family home.

Minimum income required: £56,873

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 10%.

Available for £160,000 for 40% share based on the marketing figure of £400,000.

Monthly rent - £481.92
Monthly Service Charge - £31.95
Total Monthly Charge - £513.87 plus mortgage required for 40% share.

An annual rent increase takes place every April

Layout and dimensions

Ground Floor:
Entrance hall.

Cloakroom with WC

Open plan kitchen/reception room:
Reception area
4.75m x 5.53m


Kitchen area;
2.46 x 3.05.

First Floor:
Landing with fitted storage cupboard.

Bedroom one:
2.46m x 2.75m

Bedroom two:
2.21m x 3.78m

Bathroom with WC

Bedroom three:
fitted cupboard
4.20 x 3.77 (dimensions of maximum width and length) plus additional fitted cupboards.

Outside:
Private front and rear gardens.
Two allocated parking spaces

Lease information

Years remaining on lease: 90

The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

EPC rating

Energy Rating Band - B
Environmental Impact Band - B

Other information

All room dimensions are approximate.

Please note figures given for rent and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.

Key Features
    Particulars

    Tenure: Not specified
    Council Tax Band: Not specified

    Property Downloads
    Floor Plan
    Map
    Horley (1.12 miles) Salfords (1.52 miles) Gatwick Airport (1.83 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.

    £160,000
    Shared Ownership Resale
    Estimated Monthly Cost:£1,322
    Rent £482
    Service Charge £32
    Mortgage £808

    Share percentage 40%, full price £400,000, £16,000 Min Deposit. Calculated using a representative rate of 4.59%


    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.