1 bedroom apartment for sale
**UNDER OFFER** Flat 6 Comfrey Court, 1 Newman Road, RH6 9JB
Share percentage 25%, full price £225,000, £2,813 Min Deposit.
Share percentage 25%, full price £225,000, £2,813 Min Deposit.
Monthly Cost: £862
Rent £379,
Service charge £162,
Mortgage £321*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a three-storey block of apartments.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs (no lift service available)
Second Floor: Kitchen, Lounge/Dining Room, One Bedroom and a Bathroom/WC.
External: One allocated parking space and lawned communal gardens.
Key Features
Location
This property is positioned in a residential area and is a distance of approximately 17.7 miles of Reigate and Banstead town centre.
Purchase Information
For Sale is a 25% share of the property for £56,250 with an additional monthly charge of £540.94 which includes Rent, Ground Rent, Service Charge and Management Charge.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £225,000, £2,813 Min Deposit. Calculated using a representative rate of 5.26%
