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Fount Spring Place

Shared ownership

Banstead Road, Purley, CR8 3EB

For salenew home
Shared ownership
Photo of Fount Spring Place
Live from space album cover
  • from

    £76,250

    1 bedroom

from

£76,250

with min. deposit

£3,813

Southern Housing

£76,250

1 bedroom flat

£76,250

1 bedroom flat

£76,875

1 bedroom flat

Availability

For sale

Sale under offer

Sale under offer

Minimum share

25%

25%

25%

Full market price

£305,000

£305,000

£307,500

Deposit from

£3,813

£3,813

£3,844

Monthly rent

£524.22

£524.22

£528.52

Monthly service charge

£167.53

£167.53

£167.53

Bedrooms

1

1

1

Bathrooms

1

1

1

Reception rooms

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

Floor area

51.5

50.4

50.4

Number of floors

1

1

1

Entrance floor

Ground floor

Ground floor

1st floor

Tenure

leasehold

leasehold

leasehold

Lease years

990

990

990

Property features

Central heatingDouble GlazingLift accessCommunal GardenTerrace
Central heatingDouble GlazingLift accessCommunal GardenTerrace
BalconyCentral heatingDouble GlazingLift accessCommunal Garden
EER Current777779
EIR Current878789

Overview

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

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.

from

£76,250

with min. deposit

£3,813

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