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For Sale
Badge shared ownership
£168,000 (Price)
Full market value from £480,000

Rose Garden, Horsam Road, Cranleigh, GU6 8UB

Type C, Rose Garden, Horsam Road, GU6 8UB

Shared Ownership Semi-detached house

Bedrooms: 3
Furnished: No
Reception rooms: 1
New Build: No
Bathrooms: 2
Area: 770 sqft
Description
6 three-bedroom houses are available in the final phase at Rose Garden and 5 remain which are 95.5m2/1028ft2 and comprise 3 great sized bedrooms, the main bathroom, downstairs WC, fully fitted kitchen, open-plan living and 1 allocated parking space.

Plots 212 and 223 are terrace houses:

Full Market Value: £480,000
Shares available from 35%: £168,000
Rent*: £715 per month
*Calculated at 2.75% per annum of the value of the share that you do not initially buy.

Plots 211, 213 and 224 are end of terrace houses and plot 222 is reserved:

Full Market Value: £485,000
Shares available from 35%: £169,750
Rent*: £722per 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: £711
Service Charge Review Period: Yearly
Ground Rent: £0

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).
Register your interest

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