3 bed semi-detached house for sale

Chapel Lane Close, Croxley Green, Rickmansworth WD3

Shared ownership (Advertised price represents 32% share. Full market value £720,000). A great chance to buy a spacious, shared-ownership family home. This recently-constructed, semi-detached property has a conventional, modern layout: A cloakroom/WC just off the entrance hall, a smart looking kitchen and a dual-aspect reception/dining room with patio doors that open onto a fifty-foot rear garden. On the first floor is a main bedroom with fitted, mirror-fronted wardrobe and naturally-lit en-suite shower room plus two further double bedrooms and a stylish bathroom. Well insulated walls, roof and floor and high performance glazing make for a very good energy-efficiency rating. The heating is a mix of under-floor pipes and wall-mounted radiators, supplied by an air-source heat pump. The house comes with a two-car driveway and Croxley Station (Metropolitan Line) can also be reached on foot, via bus or by brief cycle ride. The local schools are all Ofsted-rated either 'Good' or 'Outstanding'.

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 (990 years from 14/02/2025). Freehold transferred on 100% ownership.
Minimum Share: 32% (£230,400).
Shared Ownership Rent: £1028.50 per month (subject to annual review).
Service Charge: £42.00 per month (subject to annual review).
Guideline Minimum Income: Dual - £77,500 (based on minimum share and 20% deposit £46,080)| Single - £79,300 (minimum share, 35% deposit £80,640).
Council Tax: Band F, Three Rivers District 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' 3" x 4' 9" (1.91m x 1.44m)

Kitchen

12' 8" x 8' 0" (3.86m x 2.44m)

Living / Dining Room

17' 9" max. X 17' 3" max. (5.40m x 5.27m)

Garden

51' 9" x 25' 1" (15.77m x 7.64m)

Bedroom 1

13' 9" max. X 9' 3" max. (4.18m x 2.81m)

En-Suite Shower Room

6' 7" x 4' 4" (2.00m x 1.31m)

Bedroom 2

11' 7" x 10' 4" (3.54m x 3.14m)

Bedroom 3

9' 10" x 8' 1" (3.00m x 2.47m)

Bathroom

6' 11" max. X 6' 2" max. (2.11m x 1.88m)