2 bedroom apartment for sale
***UNDER OFFER*** 80 Prices Lane, RH2 8AY
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Monthly Cost: £1,137
Rent £446,
Service charge £53,
Mortgage £638*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
This two bed Maisonette is located on the first floor of a two storey block.
Description
Accommodation
Ground Floor: Entrance Hall
First Floor: Kitchen, Living Room, Two Bedrooms, and a Bathroom/WC.
External: Allocated parking space and communal gardens
Location
Located in a well-established residential area with a mix of residential properties. The property is situated within walking distance of a range of independent local retailers. More extensive amenities are available within Reigate to the north where a wider range of independent and national retailers, bars, restaurants, cafes and recreational amenities are located.
The nearest British railway station is Reigate, which is within reasonable driving distance and provides regular rail services in London Victoria (50 minutes).
There are also bus routes available along Prices Lane itself, which provides regular services across the wider area. For motorists, the A217 is easily accessible which provides fast vehicular access onto the M25.
Vendor Information
Large first floor maisonette in popular area, close to good schools.
This bright and spacious first floor maisonette benefits from its own front door and plenty of built-in storage. With plenty of natural light, it is decorated in neutral tones throughout.
The accommodation comprises of a hallway which leads to an ample kitchen which was recently redecorated. There is a large, double door storage cupboard next to the well-proportioned bathroom which also boasts a full height airing cupboard.
This maisonette offers 2 generously sized, bright, double bedrooms which overlook a cherry tree in the communal gardens. The larger of the bedrooms also has a built-in wardrobe for storage.
The comfortable living/dining room with 2 large windows has ample room for both lounge and dining furniture.
The accommodation also benefits from access to a boarded roof space with built-in ladder.
Windows are double glazed with restrictors to stop little hands from opening them by accident. Gas Central Heating throughout.
Outside there is allocated parking space, outdoor storage shed for each property and communal gardens.
Located in Woodhatch, just south of Reigate town centre within walking distance of local schools and amenities including a newsagent opposite and a parade of shops withing walking distance.
Easy access to the local countryside for walks and outdoor pursuits. Railway stations in both Reigate and Redhill for access to London.
Key Features
Purchase Information
For Sale is a 40% share of the property for £112,000 with an additional monthly charge of £499.47 which includes Rent, Ground Rent and Service 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.
Rent review information
As of 01/04/24 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £485.79 and the monthly service charge will be £67.63.
Particulars
Tenure: Not specified
Council Tax Band: C
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 40%, full price £280,000, £5,600 Min Deposit. Calculated using a representative rate of 5.26%