£82,250

1 bed flat for sale

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£82,250

1 bed flat for sale

Sycamore Road, Cranleigh GU6

1 bed
1 bath
1 reception
EPC rating: B

Key Information

Tenure:
Council tax band:

Local area information

Property location

Nearby amenities

  • Glebelands School 0.8 miles
  • Cranleigh Church of England Primary School 0.8 miles
  • Chilworth 5.4 miles
  • Shalford (Surrey) 5.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Guideline Minimum Deposit £8,225
  • Guide Min Income Dual £25.1k Single £31.1k
  • Ground Floor
  • Approx. 569 Sqft Gross Internal Area
  • Open Plan Kitchen/Reception Room
  • High Performance Glazing
  • Gas Central Heating
  • Parking Space (+ Shared ev Charging Bay)
Shared ownership (Advertised price represents 35% share. Full market value £235,000). A beautifully-presented, ground-floor flat which has a reception room with wood panelling and stylish, semi-open-plan kitchen. There is a generously-sized bedroom with fitted wardrobe and a sleek and spacious bathroom. The property faces south/south-east, looking out onto a pleasant area of communal garden, and is part of an attractive block which is period in style but much more recent in construction. Well insulated walls and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. The flat comes with an allocated parking space plus shared use, if required, of a pair of electric vehicle charging bays. Cranleigh High Street is within walking distance, or a brief cycle ride, Guildford is around nine miles to the north-west and Horsham and Dorking also in easy reach.

Interested parties are required to complete the shared ownership common application form []

(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 01/10/2019).
Minimum Share: 35% (£82,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £397.29 per month (subject to annual review).
Service Charge: £61.39 per month (subject to annual review).
Guideline Minimum Income: Dual - £25,100 Single - £31,100 (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
20' 6" max. X 18' 5" max. (6.25m x 5.61m)

Kitchen
included in reception measurement

Bedroom
15' 1" max. X 11' 10" max. (4.60m x 3.61m)

Bathroom
6' 11" x 6' 3" (2.11m x 1.91m)

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

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Floor plans and tours

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Floor plan 1

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Property descriptions and related information displayed on this page are marketing materials provided by - Urban Moves. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Urban Moves for full details and further information.

  1. Zoopla
  2. For sale
  3. Surrey
  4. Cranleigh
  5. Sycamore Road

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