1 bedroom apartment for sale

Under Offer

**UNDER OFFER** Flat 6 Comfrey Court, 1 Newman Road, RH6 9JB

£56,250 · Shared Ownership Resale

Share percentage 25%, full price £225,000, £2,813 Min Deposit.

Under Offer
1 bedroom
1 Bathroom
Communal Garden
Parking
£56,250 Shared Ownership Resale

Share percentage 25%, full price £225,000, £2,813 Min Deposit.

Monthly Cost: £830
Rent £379, Service charge £162, Mortgage £289*

Calculated using a representative rate of 4.25%

Calculate estimated monthly costs

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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
Horley (1.03 miles) Salfords (1.43 miles) Gatwick Airport (1.79 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£56,250
Shared Ownership Resale
Estimated Monthly Cost:£830
Rent £379
Service Charge £162
Mortgage £289

Share percentage 25%, full price £225,000, £2,813 Min Deposit. Calculated using a representative rate of 4.25%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.