1 bedroom apartment for sale
Escomb Court, Godstone Road, Whyteleafe, CR3 0GH
Share percentage 75%, full price £200,000, £15,000 Min Deposit.
Share percentage 75%, full price £200,000, £15,000 Min Deposit.
Monthly Cost: £935
Service charge £178,
Mortgage £757*
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 Basis with No Rent to Pay
Description
This south-east-facing apartment is on the second (top) floor of a modern building in the Well Farm Heights development. The attractively-presented property has a twenty-foot, open-plan kitchen/reception with Juliette balcony. There is a spacious bedroom with a bank of built-in wardrobes, a generously-sized entrance hall and a bathroom which has been redecorated by the current owner. Well insulated walls and roof, double glazing and gas central heating make for a good energy-efficiency rating. The apartment comes with use of a parking space plus Escomb Court is also just minutes from Whyteleafe South Station for rail services between Caterham and London Bridge. Nearby Manor Park offers green, open space to enjoy.
SHARED OWNERSHIP WITH NO RENT (Advertised price represents 75% share. Full market value £200,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/mrj563f8]
(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% (£150,000).
Shared Ownership Rent: N/A. No rent payable on this property.
Service Charge: £178.40 per month (subject to annual review).
Guideline Minimum Income: Dual - £30,000 | Single - £35,600 (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 animals).
Key Features
- Guideline Minimum Deposit £15,000
- Guide Min Income Dual £30k | Single £35.6k
- Top Floor with Juliette Balcony
- Approx. 510 Sqft Gross Internal Area
- Open-Plan Reception/Kitchen
- Double-Glazing and Gas Central Heating
- Parking Space
- Minutes from Whyteleafe South Station
Particulars
Tenure: Leasehold
Lease Length: 106 years
Council Tax Band: C
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 75%, full price £200,000, £15,000 Min Deposit. Calculated using a representative rate of 4.59%
