Available

£126,000

11 Abbotswood, Station Road, BN16 3BJ
Share 75% / Full price £168,000 / Min deposit £12,600

Apartment
1 bedroom
1 bathroom

Weald Living
01403 226060
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Eligibility

Eligibility

Interested buyers will be required to have an assessment with the Scheme Manager to ensure they are suitable for Extra Care and that their needs can be met by the scheme.

To use the on-site care team, residents are required to have their needs assessed by West Sussex County Council Adult Social Care team. This will determine how much care the resident needs and what they will need to pay. The care team are on site 24 hours a day to administer commissioned care, but will also respond to emergency calls.

To be eligible for Extra Care Shared Equity you must meet the relevant age criteria for the scheme, this will either be over 55 or over 60. Please note the minimum share available is always 75% and rent is not payable on the unowned share.

To apply, please complete the following steps:

Applicants must complete an expression of interest form and arrange to view the property.
Upon request, applicants must provide supporting documentation noted on the Expression of Interest form so a thorough affordability assessment can be carried out. It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined unless there are exceptional circumstances. Please ask for further details.
If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.
On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.

Description

A one-bedroom, ground floor, older people's shared ownership resale apartment is available for a 75% purchase share at £126,000. Apartments at Abbotswood are generously sized and thoughtfully designed. Plug sockets and switches are positioned above floor level, while taps are fitted with easy-grip levers. All apartments are also wheelchair accessible.

Service Charges

There is a monthly charge of £532.89 (subject to final confirmation) which includes the buildings insurance, hot water and heating costs for the year 1 April 2025 to 31 March 2026.

Council Tax Band - B
EPC - B

Apartment features

modern fitted kitchen with built-in oven, hob and extractor hood
double-glazing
bathrooms feature level-access showers (with folding seat) and handrails are fitted to assist mobility
items of furniture included with the property: white bedroom built-in wardrobes, chest of drawers & bedside tables; fireplace & electric fire

Additional items, at the property, including fridge/freezer are available for purchase and can be discussed further with the vendor.

Scheme facilities

The scheme's restaurant and shared living areas are comfortable and beautifully designed.

In addition, the landscaped courtyard garden features a south-facing terrace, while a small 'allotment' garden provides growing opportunities for any green-fingered residents.

Description

Property information & downloads

Key features

Material information

Key Information Document Brochure Brochure Energy Certificate
Local area information
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You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

Weald Living
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.
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Monthly cost calculator
£126,000 Older Persons Shared Ownership Resale Full price £168,000
Estimated monthly cost £1,158
£

How is this calculated?

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