2 bedroom house for sale
Thrower Place, Dorking, RH4 5GD
Share percentage 55%, full price £395,000, £21,725 Min Deposit.
Share percentage 55%, full price £395,000, £21,725 Min Deposit.
Monthly Cost: £1,655
Rent £450,
Service charge £108,
Mortgage £1,097*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smartly-presented, end-of-terrace property has a conventional, modern internal layout with a good-sized kitchen and ground-floor cloakroom at the front while at the rear is the reception/dining room. Upstairs is a main bedroom with built-in wardrobes and en-suite shower room plus a second comfortable double bedroom and a sleek, naturally-lit family bathroom. Well insulated walls and roof, modern double glazing and gas central heating make for a good energy-efficiency rating. A split-level garden, with decked terrace and areas of grass, wraps around the side and back of the house and there is a parking space within a shared car port. Alternatively, Dorking Railway Station and Dorking Deepdene, for services to Horsham/London Victoria/Waterloo and Reading/Gatwick Airport respectively, can be reached via bike or brief bus ride. Ofsted list three primary schools within a mile radius of Thrower Place, all rated 'Good'.
SHARED OWNERSHIP (Advertised price represents 55% share. Full market value £395,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/mtp2fjyd]
(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 12/10/2006).
Minimum Share: 55% (£217,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £450.03 per month (subject to annual review).
Service Charge: £107.57 per month (subject to annual review).
Guideline Minimum Income: Dual - £60,000 | Single - £69,000 (based on minimum share and 10% deposit).
Council Tax: Band D, Mole Valley 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.
Key Features
- Guideline Minimum Deposit £21,725
- Guide Min Income Dual £60k | Single £69k
- Two Storey, Two Bedroom, End of Terrace House
- Approx. 780 Sqft Gross Internal Area
- Bathroom, Shower Room and Cloakroom
- Modern Double Glazing and Gas Central Heating
- Split-Level Side/Rear Garden
- Carport Parking Space
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: D
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 55%, full price £395,000, £21,725 Min Deposit. Calculated using a representative rate of 4.59%