1 bed flat for sale

Park Rise, Sunrise Avenue, Hornchurch RM12

Summary
At Park Rise all of our new homes offer private outside space by way of a terrace or balcony the perfect space to relax.

Book your place now to explore these stunning new Shared Ownership apartments available at £249,750 for a 75% share. Full market price £333,000.

Call now to view.

Description
At Park Rise living is easy. The high-quality apartments alongside Harrow Lodge Park have been designed and built exclusively for over 55s to live independent lives whilst being part of a wider community.

Whether you're leading an active life, enjoying a quiet retirement, or need a little help and support, Park Rise is the perfect home. Future-proof, low maintenance apartments set around beautiful central landscaped gardens provide contemporary comfort in a stunning parkside setting.

It takes all types to make a community, and you'll have plenty of opportunity to meet your new neighbours in the shared indoor and outdoor spaces or by joining in the many activities on offer. And help is at hand from the reception desk or the on-call estate manager.

The one and two bedroom apartments at Park Rise are designed to make life easy. Light, spacious and sustainable, with plenty of storage, private and shared indoor and outdoor spaces, and easily adaptable to changing needs.

All apartments have their own private outdoor space, and several have stunning view across Harrow Lodge Park. The interiors are high-quality, with generously sized hallways, fully tiled bathrooms with walk-in showers, and open-plan living rooms that optimise convenience and comfort.

Living/Kitrchen/Dining 26' 5" x 11' 8" ( 8.05m x 3.56m )

Bedroom 12' 7" x 10' 8" ( 3.84m x 3.25m )

Bathroom

General Information
- NHBC 10 year building warranty
- Lease length - 990 years
- Cycle parking - 120 spaces, 38 scooter spaces
- 80 Resident parking bays (limited availability)
- Residents' communal courtyard gardens
- Residents' lounge
- Guest bedroom suite (available to book through property manager)
- Communal boiler
- Full specification provided in brochure

Lease & Service Charge
Lease is 990 years
Service Charge - £3,093.00 per annum
Shared Ownership - Rent amount 2.75%

Shared Ownership Information
Buying a home through Older Persons Shared Ownership

Older Persons Shared Ownership (opso), available for those aged 55 or over, enables buyers to part buy/part rent a purpose-built home, whether it be because they're looking to downsize from their existing family home or their current abode simply isn't suitable for their needs anymore.

How is Older Persons Shared Ownership different to Shared Ownership?

Other than variances in the age criteria, the key difference with opso from Shared Ownership is that the maximum share that you can buy is normally 75%, rather than the usual 100%. However, on the majority of opso homes once a purchaser owns 75%, there is no rent payable on the remaining 25% share.

What is the eligibility criteria for Older Persons Shared Ownership?

If you choose to apply for the Older Persons Shared Ownership scheme, the general eligibility criteria is:
You must be aged 55 years or older. However, some opso developments will allow a couple where the main applicant is 55 but a second applicant is 50 or older.
Your maximum household income must not exceed £90,000 per annum in London or £80,000 outside of London.
You should be unable to purchase a home suitable for your needs without assistance.
You do not already own a home, or you will need to sell any existing property owned before purchasing through the scheme.
You will need to be able to secure a mortgage or have sufficient savings to pay the share in full if retired.
You must not have any outstanding credit issues such as unsatisfied defaults or county court judgements.

Agent's Notes
CGI's, images, dimensions, specifications and plans are provided for guidance purposes only, may be of the surrounding area and not specific to this plot and may differ from the finished development.

London Borough of Havering First Come First Served policy available on request.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.