2 bed flat for sale

Clifton Heights, Horsham Road, Dorking RH4

Shared ownership (Advertised price represents 25% share. Full market value £340,000). A bright and well-presented flat just a short walk from the excellent range of shops and other amenities of Dorking town centre. The property is at entrance level but effectively first-floor due to the height difference across the site. There is a twenty-three-foot, dual-aspect reception room with south/south-east-facing Juliette balcony and a smart, open-plan kitchen which includes a new oven and integrated dishwasher. The main bedroom also has a Juliette balcony along with a fitted wardrobe and an en-suite shower room. The second bedroom is a good-sized double and both bedrooms share the same south/south-east aspect. The bathroom and entrance hallway are naturally lit, the windows are modern, double glazed units and there is underfloor heating throughout. Clifton Heights has pleasant communal grounds and a parking area that includes two spaces for this flat.

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 less 10 days from 29/09/2007).
Minimum Share: 25% (£85,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £631.04 per month (subject to annual review).
Service Charge: £45.54 per month (subject to annual review).
Guideline Minimum Income: Dual £34,100 | Single £40,400 (based on minimum share and 10% deposit).
Council Tax: Band E, Mole Valley 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).

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.

Reception Room

23' 1" max. X 14' 6" max. (7.03m x 4.42m)

Kitchen

Included in reception measurement

Bedroom 1

18' 6" max. X 10' 0" (5.63m x 3.05m)

Bedroom 2

12' 8" x 9' 9" (3.86m x 2.98m)

Bathroom

7' 3" max. X 6' 2" max. (2.21m x 1.89m)