STYLISH AND CONTEMPORARY – This one bedroom first floor apartment built by Berkeley Homes offers spacious versatility with a bright living room, fitted kitchen and large double bedroom, the bathroom has a sleek finish and the apartment enjoys a communal garden and allocated parking space.

Available at a 35 – 100% share dependant on circumstances. Call for details.

The price of £87,500 represents a 35% share of the full £250,000 value.

The Lodge is a part of a small development built by Berkeley Homes in the heart of Rudgwick and set close to some of the areas most beautiful countryside.

This apartment is set on the first floor (top) of the building and offers contemporary living at its best.

The Communal Hallway is spacious and bright, on the ground floor a rear door leads into the communal gardens.

Moving to the first floor the front door leads into the entrance hallway with large storage cupboard and wall mounted entryphone.

The hallway gives access to all the rooms including the large sitting room which enjoys fantastic light via two double glazed windows that enjoy a southerly aspect. The current owner has created a study space in the recess of the sitting room.

The kitchen/dining area is well set out with a range of wall and base units, fitted oven, hob and extractor with space and plumbing for a fridge /freezer and washing machine.

The large double bedroom has two recessed spaces that could be potentially fitted out as wardrobe space, a large double glazed window overlooking the communal gardens and woodland beyond.

The bathroom is fitted with a modern white suite comprising panel enclosed bath with fitted shower and screen, pedestal wash hand basin and close coupled wc. There is a double glazed window and the bath area is fully tiled. A storage cupboard houses the boiler.

Outside
The apartment comes with an allocated parking space.

The communal grounds are at the rear of the building backing onto woodland and a pleasant lawned area to enjoy those summer days and evenings.

Area

Rudgwick is one of West Sussex's most historic villages with a thriving Co-op/Post Office, a quintessential English public house and a Church, with the village located on the Surrey/Sussex border. Approximately thirteen miles from Guildford and seven miles from Horsham.

Horsham is a thriving historic market town with an excellent selection of national and independent retailers including a large John Lewis at Home and Waitrose store. There are twice weekly award winning local markets in the Carfax in the centre of Horsham to stock up on local produce. East Street, or 'Eat Street' as it is known locally, has a wide choice of restaurants.

Piries Place in the centre of Horsham has been redeveloped to include the independent Everyman three screen cinema, a 92 bed hotel, shops and restaurants.

You are spoilt for choice for leisure activities as there is a leisure centre with swimming pool close to Horsham Park whilst the nearby Capitol has a cinema and theatre. There are some beautiful walks and cycle rides in the immediate countryside. Further afield, the stunning South Downs and coast are within easy reach.

For those needing to commute, Horsham Station has a direct line to Gatwick (17 minutes) and London Victoria (56 minutes) and there is easy access to the M23 leading to the M25.

Information

Lease – The lease is a 125 year lease created in 2020. Currently 122 years remaining.
Ground Rent £100 per year.
The Ground Rent is reviewed …………….
The Service Charge is currently £127.08 per month.
The Service Charge is reviewed annually.

Shared Ownership

Under the shared ownership scheme a buyer is expected to purchase the largest share affordable from a minimum of £87,500 based on a full market value of £250,000 up to the 100% value of £260,000.

The current rental at a 35% share is £407.39 per month which is reviewed yearly.

Housing Association: Clarion.
Tenure: Leasehold (125 years from 2020).

Minimum Share: 35% (£87,500). The housing association will expect that you will purchase the largest share affordable.

Shared Ownership Rent: £407.39 per month (subject to annual review).

Guideline Minimum Income: Dual - £29,900 Single - £36,100 (based on minimum share and 10% deposit).

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.

Council Tax: Band B, Horsham District Council.
Priority is given to applicants living and/or working in this local authority.