Property photos
Leasehold
£78,750
2 bed flat for sale
Shetland Close, Cranleigh GU62 beds
1 bath
1 reception
EPC rating: B
Local area information
Property location
Nearby amenities
- St Cuthbert Mayne Catholic Primary School, Cranleigh 0.8 miles
- Cranleigh Church of England Primary School 0.9 miles
- Chilworth 6.1 miles
- Gomshall 6.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Guideline Minimum Deposit £7,875
- Guide Min Income - Dual £39k Single £43.5k
- Ground Floor
- Approx. 764 Sqft Gross Internal Area
- High Performance Glazing
- Gas Central Heating
- Private Patio
- Two Parking Spaces
Shared ownership (Advertised price represents 25% share. Full market value £315,000). A smartly-presented, ground-floor flat featuring a twenty-two-foot, triple-aspect, open-plan kitchen/reception room. Double doors lead out to a small, south-east-facing patio area. The two bedrooms are generously-sized, there is some useful hallway storage and a naturally-lit bathroom. The block is period in style but much more recent in construction, the wall and floor insulation, high performance glazing and modern gas central heating system resulting in a very good energy-efficiency rating. The flat comes with the use of two parking spaces and is within comfortable walking distance, or a brief cycle ride, of Cranleigh High Street. Guildford is around ten miles to the north-west and Horsham and Crawley also in easy reach.
Interested parties are required to complete the shared ownership common application form [here; ]
(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: Clarion.
Tenure: Leasehold (125 years from 2017).
Minimum Share: 25% (£78,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £646.36 per month (subject to annual review).
Service Charge: £143.36 per month (subject to annual review).
Ground Rent: £150.00 for the year.
Guideline Minimum Income: Dual - £39,000 Single - £43,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Waverley Borough 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. Pets not permitted (except assistance animals).
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Entrance Hallway
Reception
22' 3" max. X 14' 6" max. (6.78m x 4.42m)
Bedroom 1
15' 5" x 9' 7" (4.70m x 2.92m)
Bedroom 2
11' 7" x 10' 6" (3.53m x 3.20m)
Bathroom
Interested parties are required to complete the shared ownership common application form [here; ]
(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: Clarion.
Tenure: Leasehold (125 years from 2017).
Minimum Share: 25% (£78,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £646.36 per month (subject to annual review).
Service Charge: £143.36 per month (subject to annual review).
Ground Rent: £150.00 for the year.
Guideline Minimum Income: Dual - £39,000 Single - £43,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Waverley Borough 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. Pets not permitted (except assistance animals).
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Entrance Hallway
Reception
22' 3" max. X 14' 6" max. (6.78m x 4.42m)
Bedroom 1
15' 5" x 9' 7" (4.70m x 2.92m)
Bedroom 2
11' 7" x 10' 6" (3.53m x 3.20m)
Bathroom
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Listed by
Urban Moves
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