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Daniels House, Trafalgar Gardens

Shared ownership

Daniels House, Trafalgar Gardens, RH10 7SR

For sale
Shared ownership
Photo of Daniels House, Trafalgar Gardens
Live from space album cover

from

£95,000

with min. deposit

£9,500

50% Share from
£95,000
Full market price
£190,000
Minimum deposit
£9,500
Monthly rent
£297
Monthly service charge
£143.13

1 bedroom flat

This modern ground floor one bedroom apartment is located only a short walk away from Three Bridges mainline train station with direct trains to London and Brighton. The property consists of a spacious open plan living area that leads to a private balcony, a fitted kitchen, a double bedroom with plenty of built in storage and a fantastic size bathroom. This property also benefits from an allocated parking space in a gated development, excellent transport links and a surplus of local amenities. 

 

Full Market Value: £190,000
Min share %: 50%
Min Share £: £95,000
Rent: £297.89
Service Charge: £143.13
Lease: 109 Years

Features

On street/resident parking

Bedrooms1
Bathrooms1
Reception rooms1
Floor area588
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years109
EER Current67
EER Potential67
EIR Current70
EIR Potential70

from

£95,000

with min. deposit

£9,500

50% Share from
£95,000
Full market price
£190,000
Minimum deposit
£9,500
Monthly rent
£297
Monthly service charge
£143.13
Complete Moves

Complete Moves

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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