Full description: shared equity. (No rent to pay. Advertised price represents 75% share. Full market value £240,000.) A smartly-presented, first-floor apartment that has a spacious reception room with Juliette balcony and open-plan kitchen area. Both bedrooms are good-sized doubles with fitted wardrobes and the bathroom is sleek and monochrome. Well insulated walls, modern double glazing and gas central heating make for a very good energy-efficiency rating. The property comes with use of an off-street parking space and Dunstan Court is also just minutes from Whyteleafe South Station which provides rail services between Caterham and London Bridge.
Shared equity is a scheme designed to help first time buyers purchase a home they may not normally be able to afford on the open market. By retaining a 25% stake in the property, a housing association can offer the property for 75% of the full market value and, if you choose to, you can staircase up to 100% in the future, when it's affordable to you. Unlike Shared Ownership (part buy/part rent), there's no rent to pay on the share you don't own, so it's even more affordable.
Housing Association: A2Dominion. Tenure: Leasehold (new 99 year lease granted on completion). Share Available: 75% (£180,000). Service Charge: £105.57 per month, including sinking fund. (subject to annual review). Guideline Minimum Income: £36,000 (based on minimum share and 10% deposit). Council Tax: Band C, Tandridge District 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).
First Floor
Reception 23' 11" max. X 13' 10" max. (7.29m x 4.22m)
Kitchen included in reception measurement
Bedroom 1 15' 11" max. X 8' 9" max. (4.85m x 2.67m)