2 bed Flat For Sale £73,750
Exclusive Open Day | Saturday 22nd July | 10am – 4pm
Join us on Saturday 22nd July from 10am – 4pm and be the first to explore our latest release of apartments at Kilnwood Vale, Faygate available with Shared Ownership from just £53,750 for a 25% share.
Please note that bookings are by appointment only, visit our Eventbrite page or call today to secure your place.
A new development in Faygate, West Sussex.
Plot 158 is a two bedroom, 70 square metre, ground floor apartment in Kilnwood Vale Block A, with private balcony and 1 parking bay included available with Shared Ownership from Legal & General Affordable Homes.
Available to purchase from a 25% share.
Financial Breakdown:
- Full Market Value: £295,000
- 25% share at £73,750
- 5% deposit of 25% share: £3,688
- Rent on unowned share of 75% : £507 per month
- Service Charge: £215.51 per month
- Council Tax: TBC*
This two bedroom apartment provides a contemporary-styled kitchen with fully-integrated appliances, plus integrated fridge-freezer, dishwasher & washing machine, a spacious living/dining room, two bedrooms and excellent storage throughout. One allocated parking bay and a 12 year NHBC warranty are also included. Available to move into Autumn 2023.
Set in 140 acres of natural open space, Kilnwood Vale will provide a new community green, neighbourhood park and sports areas for residents to enjoy in addition to the footpaths, cycle paths and bridleways.
The development also benefits from excellent local amenities including a primary school, selection of nearby restaurants, shopping centre, country park and access to London in less than an hour from Faygate Station
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
LOCAL AREA
Located between Crawley and Horsham, Kilnwood Vale is ideally positioned in close proximity to the M23 and A23, providing convenient access to both London and Brighton, and is just a 15 minute drive to Gatwick Airport.
The regular bus service from the development provides routes to Horsham, Crawley and Gatwick Airport, with several train stations nearby providing quick access to London.
Situated within just a 10 minute drive, Crawley provides a variety of places to eat, shop and explore.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at Kilnwood Vale, you'll need to:
- Have a combined household income under £80,000
- Not own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Be living / working in the defined Horsham area
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Images are indicative and intended to act as a guide only.
*Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
