Cuthbert Court, two bedroom apartment
At a glance
- £170,625 (75% share of £227,500)
- 2 beds
Take a closer look
A modern, two-double-bedroom apartment in the Well Farm Heights development on a Shared Equity basis with NO RENT to payThis ground-floor property features large, double-glazed windows/double-doors, an open-plan kitchen and gas central-heating. The apartment comes with an allocated parking space and Cuthbert Court is also just minutes from Whyteleafe South station for trains to Caterham, London Bridge or London Victoria.
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.
Tenure: Leasehold (99 years from 2006)
Share Available: 75% (£170,625)
Service Charge: £113.83* per month (including sinking fund)
Guideline Minimum Household Income: £46,300 (assuming 10% (£17,062.50) deposit)
Local Authority: Tandridge**
Council Tax: Band C (£1582.44 for 2017-18)
The property is offered for sale on a sold as seen basis. A2Dominion Housing Group do not offer any warranties on the white goods in the flat or undertake to carry out any remedial work or redecoration work of a cosmetic nature. Pets not permitted (except assistance animals).
* The service charge is subject to annual review. ** Applicants must live or work in the District of Tandridge or the London Borough of Croydon.
To arrange a viewing please contact Urban Moves on 020 7378 7892 or email firstname.lastname@example.org
Prop ID: 134899