2 bedroom apartment for sale

Available

Ethelred Court, Godstone Road, Whyteleafe, CR3 0GB

£183,750 · Shared Ownership Resale

Share percentage 75%, full price £245,000, £18,375 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£183,750 Shared Ownership Resale

Share percentage 75%, full price £245,000, £18,375 Min Deposit.

Monthly Cost: £1,177
Service charge £245, Mortgage £932*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership Basis with No Rent to Pay

Description

A smartly-presented apartment in the Well Farm Heights development. This third-floor property has a twenty-one-foot, open-plan kitchen/reception room with attractive flooring and windows at either end. There is a spacious main bedroom plus a second good-sized double bedroom. Both bedrooms include a fitted wardrobe. The bathroom has been upgraded by the current owner and now features large-format, marble-style tiles and an overhead plus separate hand-held shower. Well insulated wall, modern 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 Ethelred Court is also just minutes from Whyteleafe South Station for rail services between Caterham and London Bridge.

SHARED OWNERSHIP WITH NO RENT (Advertised price represents 75% share. Full market value £245,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/49rymyrw]

(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 25/12/2005).
Share Available: 75% (£183,750).
Shared Ownership Rent: Not applicable. There is no rent payable on this property.
Service Charge: £245.33 per month (subject to annual review).
Guideline Minimum Income: Dual - £39,800 | Single - £46,000 (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 animal

Key Features
  • Guideline Minimum Deposit £18,375
  • Guide Min Income Dual £39.8k | Single £46k
  • Third Floor (building has a lift)
  • Approx. 615 Sqft Gross Internal Area
  • Fitted Wardrobes in Both Bedrooms
  • Modern Double Glazing and Gas Central Heating
  • Parking Space
  • Minutes from Whyteleafe South Station
Particulars

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

Property Downloads
Floor Plan Brochure
Map
Whyteleafe South (0.17 miles) Upper Warlingham (0.47 miles) Whyteleafe (0.62 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 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.

£183,750
Shared Ownership Resale
Estimated Monthly Cost:£1,177
Rent £0
Service Charge £245
Mortgage £932

Share percentage 75%, full price £245,000, £18,375 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.