£143,750
4 bed semi-detached house for saleNew Bridge Road, Cranleigh GU6
4 beds
1 bath
1 reception
EPC Rating: B
Just added
Shared ownership
Leasehold
About this property
Guideline Minimum Deposit £14,375
Guide Min Income Dual £68.3k | Single £78.8k
Two Storey, Four Bedroom, Semi-Detached House
Approx. 1138 Sqft Gross Internal Area
Bathroom plus Downstairs WC
Very Good Energy Efficiency Rating
Rear Garden
Two Parking Spaces
Shared ownership (Advertised price represents 25% share. Full market value £575,000). A rare chance to buy a four-bedroom, shared-ownership family home. This recently-constructed, semi-detached property provides more than eleven hundred square foot of accommodation arranged over two storeys. There is a cloakroom/WC just off the entrance hall and an attractive kitchen with sleek units and integrated appliances. Double doors lead from the twenty-foot living/dining room out to a west-facing rear garden with patio, lawn and timber shed. On the first floor of the house are two large bedrooms plus two further bedrooms which, though smaller, could still be considered comfortable doubles. There is also a stylish, naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. The property comes with two forecourt parking spaces and is also within walking distance, or a brief bike ride, of Cranleigh High Street. The village has an arts centre and leisure centre, along with a range of shops and other amenities. Knowle Country Park/Nature Reserve is nearby and offers beautiful, outside space to enjoy as well as hosting occasional events. Guildford is approximately eight miles to the north-west, Horsham around twelve miles south-east.
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 from 01/02/2020). Freehold transferred on 100% ownership.
Minimum Share: 25% (£143,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £1167.32 per month (subject to annual review).
Service Charge: £25.33 per month (subject to annual review).
Guideline Minimum Income: Dual - £68,300 | Single - £78,800 (based on minimum share and 10% deposit).
Council Tax: Band E, Waverley 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.
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.
W.C.
6' 6" x 3' 4" (1.98m x 1.02m)
Kitchen
10' 9" x 9' 1" (3.28m x 2.77m)
Living / Dining Room
20' 8" max. X 17' 10" max. (6.30m x 5.43m)
Bedroom 1
12' 10" x 10' 5" (3.92m x 3.17m)
Bathroom
6' 11" max. X 6' 4" max. (2.12m x 1.93m)
Bedroom 2
12' 4" max. X 10' 5" (3.76m x 3.18m)
Bedroom 3
12' 10" x 7' 1" (3.92m x 2.16m)
Bedroom 4
12' 4" max. X 7' 0" (3.75m x 2.14m)
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 from 01/02/2020). Freehold transferred on 100% ownership.
Minimum Share: 25% (£143,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £1167.32 per month (subject to annual review).
Service Charge: £25.33 per month (subject to annual review).
Guideline Minimum Income: Dual - £68,300 | Single - £78,800 (based on minimum share and 10% deposit).
Council Tax: Band E, Waverley 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.
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.
W.C.
6' 6" x 3' 4" (1.98m x 1.02m)
Kitchen
10' 9" x 9' 1" (3.28m x 2.77m)
Living / Dining Room
20' 8" max. X 17' 10" max. (6.30m x 5.43m)
Bedroom 1
12' 10" x 10' 5" (3.92m x 3.17m)
Bathroom
6' 11" max. X 6' 4" max. (2.12m x 1.93m)
Bedroom 2
12' 4" max. X 10' 5" (3.76m x 3.18m)
Bedroom 3
12' 10" x 7' 1" (3.92m x 2.16m)
Bedroom 4
12' 4" max. X 7' 0" (3.75m x 2.14m)
More information
Tenure
Leasehold (119 years)
Service charge
£304
Council tax band
E
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£1,167 per month
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