2 bedroom apartment for sale

Under Offer

Somerset Road, Faygate, RH12 0BY

£118,000 · Shared Ownership Resale

Share percentage 40%, full price £295,000, £5,900 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£118,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £295,000, £5,900 Min Deposit.

Monthly Cost: £1,323
Rent £514, Service charge £152, Mortgage £657*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

Priority will be offered to MOD personnel.

Summary

Two Bedroom Second Floor Apartment

Description

***VIEWINGS CLOSED***

Moat is pleased to bring to the market this well presented two bedroom, second floor apartment, built circa 2019, situated on the Kilnwood Vale development. The apartment is ideally located for access to Crawley (4 miles) and Horsham (6 miles), plus Gatwick airport being less than ten miles away. Nearby Crawley town centre offers a good selection of shopping facilities, bars and restaurants.

Faygate Railway Station is approximately two miles away, with links to Gatwick, East Croydon and Central London. There are several parks in the local area to enjoy including the award winning Buchan Country Park which is approximately a mile away featuring 170 acres of garden fields trails and more. There are several primary and secondary schools in the local area including Kilnwood Vale Primary and Holy Trinity Secondary The property is conveniently situated for access onto the A264 with links to the A24 and M23/A23.

Key Features
  • Entrance hallway with storage cupboard. Door entry video phone
  • Living/dining room open plan to kitchen with Juliet balcony
  • Modern fitted kitchen with mix of base and wall units. Integrated oven, hob, extractor hood, washer/dryer and fridge/freezer
  • Two bedrooms
  • Modern fitted bathroom with white suite. Overhead shower to bath with shower screen. Heated towel rail
  • Gas central heating
  • Allocated parking space with additional visitor parking
  • Communal gardens
  • Communal bike store
  • Remainder of 12-year NHBC warranty
  • Pets are not normally permitted in apartments. If you have a pet, please check with Moat that it will be permitted before proceeding
  • Lease 125 years from 1 April 2019
Particulars

Tenure: Not specified
Council Tax Band: C

Property Downloads
Floor Plan Brochure Energy Certificate
Map
Ifield (1.24 miles) Faygate (1.42 miles) Crawley (2.08 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.

£118,000
Shared Ownership Resale
Estimated Monthly Cost:£1,323
Rent £514
Service Charge £152
Mortgage £657

Share percentage 40%, full price £295,000, £5,900 Min Deposit. Calculated using a representative rate of 5.03%


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.