1 bedroom apartment for sale
Geraint Thomas House North, The Boulevard, Crawley, RH10 1DF
Share percentage 50%, full price £220,000, £11,000 Min Deposit.
Share percentage 50%, full price £220,000, £11,000 Min Deposit.
Monthly Cost: £997
Rent £288,
Service charge £154,
Mortgage £555*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This stylishly-presented apartment is on the second floor of a recently-constructed development, close to the extensive range of shops and amenities of Crawley town centre. The property has a spacious reception room with wood flooring and an attractive, open-plan kitchen area featuring handle-less units and integrated appliances. A Juliette balcony and two large windows provide natural light. There is a generously-sized bedroom and a smart, modern bathroom. A pair of storage/utility cupboards have been provided in the entrance hallway and well insulated walls, high performance glazing and a communal heating/hot water system make for a very good energy-efficiency rating. The block has a communal cycle store and is only a short walk from Crawley Station which offers services to a number of destinations including the south coast and various stations in central London.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £220,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4v2m9br3]
(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 (250 years from 19/10/2021).
Minimum Share: 50% (£110,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £288.37 per month (subject to annual review).
Service Charge: £153.72 per month (subject to annual review).
Guideline Minimum Income: Dual - £30,600 | Single - £36,800 (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 £11,000
- Guide Min Income Dual £30.6k | Single £36.8k
- Second Floor (building has a lift)
- Approx. 590 Sqft Gross Internal Area
- Very Good Energy-Efficiency Rating
- Parking Space
- Close to Town Centre/Railway Station
- Long Lease
Particulars
Tenure: Leasehold
Lease Length: 247 years
Council Tax Band: B
Property Downloads
Floor Plan BrochureMap
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 50%, full price £220,000, £11,000 Min Deposit. Calculated using a representative rate of 4.59%