£116,000
2 bed flat for sale
Redwing House, 36 Webber Street, Horley RH6Leasehold
2 beds
1 bath
1 reception
EPC Rating: B
Key information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
Guideline Minimum Deposit £11,600
Guide Min Income Dual £44.8k Single £51.3k
Ground Floor
Approx. 738 Sqft Gross Internal Area
Dual Aspect Kitchen/Reception Room
Very Good Energy-Efficiency Rating
Parking Space
Town Centre/Station Within Easy Reach
Shared ownership (Advertised price represents 40% share. Full market value £290,000). Redwing House is built in a traditional style but with modern construction and insulation techniques resulting in very good energy-efficiency ratings. The property available is on the ground floor and has a smartly presented, twenty-five-foot, dual-aspect reception room with attractive flooring and an open-plan kitchen area featuring sleek, handle-less units. There is a main bedroom with fitted wardrobe plus a second, good-sized, double bedroom, a stylish, high-spec bathroom and a large hallway storage/utility cupboard. The flat comes with use of a parking space plus Horley Railway Station, for services to a number of destinations including Horsham, Gatwick Airport and into central London, is only a short bus or bike ride away. Ofsted list three primary schools within a mile radius, all rated 'Good'.
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: A2Dominion.
Tenure: Leasehold (125 years from 24/06/2018).
Minimum Share: 40% (£116,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £533.88 per month (subject to annual review).
Service Charge: £231.51 per month (subject to annual review).
Guideline Minimum Income: Dual - £44,800 Single - £51,300 (based on minimum share and 10% deposit).
Council Tax: Band C, Reigate & Banstead 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
25' 9" x 12' 0" (7.85m x 3.66m)
Kitchen
included in reception measurement
Bedroom 1
11' 4" max. X 11' 3" max. (3.45m x 3.43m)
Bedroom 2
14' 10" max. X 8' 9" max. (4.52m x 2.67m)
Bathroom
More information
Listed by
Urban Moves
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