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- Rose Garden, Horsam Road, Cranleigh, GU6 8UB
For Sale
£108,500
(Price)
Full market value from £310,000
Rose Garden, Horsam Road, Cranleigh, GU6 8UB
Type B, Rose Garden, Horsam Road, GU6 8UB
Shared Ownership Apartment
Bedrooms: 2
Furnished: No
Reception rooms: 1
New Build: No
Bathrooms: 1
Area: 770 sqft
Description
4 apartments are available in the final phase at Rose Garden and only 2 two-bedroom apartments which are 71.5m2/770ft2 and comprise 2 great sized bedrooms with a fitted wardrobe to the master, the main bathroom, open-plan living and 1 allocated parking space.
Plot 261 is located on the ground floor:
Full Market Value: £310,000
Shares available from 35%: £108,500
Rent*: £461 per month
*Calculated at 2.75% per annum of the value of the share that you do not initially buy.
Plot 262 is located on the first floor:
Full Market Value: £315,000
Shares available from 35%: £110,250
Rent*: £469 per month
*Calculated at 2.75% per annum of the value of the share that you do not initially buy.
Scheme Information:
Leasehold
Lease length: 125 years
Council tax is due from the day of legal completion even though the banding may not yet be confirmed, please bear this in mind and make the necessary arrangements. When the property banding is confirmed, it will be listed on the following page: https://www.gov.uk/council-tax-bands or email [email protected]
Estimated Annual Service Charge: £1,452
Service Charge Review Period: Yearly
Ground Rent: £0
Plot 261 is located on the ground floor:
Full Market Value: £310,000
Shares available from 35%: £108,500
Rent*: £461 per month
*Calculated at 2.75% per annum of the value of the share that you do not initially buy.
Plot 262 is located on the first floor:
Full Market Value: £315,000
Shares available from 35%: £110,250
Rent*: £469 per month
*Calculated at 2.75% per annum of the value of the share that you do not initially buy.
Scheme Information:
Leasehold
Lease length: 125 years
Council tax is due from the day of legal completion even though the banding may not yet be confirmed, please bear this in mind and make the necessary arrangements. When the property banding is confirmed, it will be listed on the following page: https://www.gov.uk/council-tax-bands or email [email protected]
Estimated Annual Service Charge: £1,452
Service Charge Review Period: Yearly
Ground Rent: £0
Energy Rating
Map
Floorplans
Eligibility for Shared Ownership
In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:
-
You must be at least 18 years’ old with a clean credit history
-
Your annual household income must be less than £90,000 in London, or £80,000 outside of London
-
You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
-
You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments
Find out what you can afford
Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.
*Help to Buy: Equity Loan
- London Boroughs: 40%
- Outside of London: 20%
Shared Ownership
*The affordability calculators give you an indication of affordability only. Your initial affordability assessment will need to be completed by an Independent Financial Advisor (IFA).