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£110,250

The Alders, Billingshurst, RH14

  • 2 beds
Flat

£110,250

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£503 per month

Minimum deposit amount:

£5,513
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This beautifully presented first floor two bedroom modern apartment is offered to the market through shared ownership 45% share. There is allocated parking for each apartment plus visitors parking along with a bike store. This superb two bedroom apartment was built in 2012 by Taylor Wimpey and boasts exceptionally spacious, light & airy accommodation and is within easy reach of the village centre.  

This beautifully presented first floor two bedroom modern apartment is offered to the market through shared ownership 45% share. There is allocated parking for each apartment plus visitors parking along with a bike store. This superb two bedroom apartment was built in 2012 by Taylor Wimpey and boasts exceptionally spacious, light & airy accommodation and is within easy reach of the village centre.

Entrance
Communal front door with entry phone system leading to:

First Floor Landing
Personal front door with spy hole to:

Hall
Covered radiator, two deep recessed cupboards, door to:

Living Room
Large room with three double glazed windows, two radiators, open plan through to:

Kitchen
The kitchen comprises: worksurface with inset sink unit with mixer tap having base cupboards under, space and plumbing for washing machine, further matching worksurface with inset four ring gas hob, stainless steel splash back and matching extractor hood, integrated oven with cupboards to either side, tall shelved larder unit, further double shelved storage unit, fitted breakfast bar with radiator beneath, concealed gas fired boiler, double glazed window.

Bedroom One
Double glazed window, radiator, free-standing wardrobe.

Bedroom Two
Double glazed window, radiator.

Bathroom
Suite comprising: panelled bath with twin hand grips, mixer tap, electric mixer shower over bath with fitted shower screen, pedestal wash hand basin, w.c., chrome heated towel rail, double glazed window.

Outside
There are communal gardens surrounding the development.

Parking
There is one allocated parking space and further visitor's spaces plus a communal bike store.

On a 45% purchase the monthly rent of £359.03 applies, within the current financial year of 01 April 2025 to 31 March 2026 (subject to final confirmation)
Monthly service charges apply, totalling £162.44 to include:
- Building insurance
- Management fee
- Sinking fund
- Management agent charges
- Service charges: This includes cyclical painting.
Total monthly charges, including rent: £521.47
Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own.
Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.

Am I eligible?
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.

 
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£503 per month
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Mortgage and legal costs:
£999
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