Share Price £73,500 (from 35% Min. Share)

Full Value £210,000 | £3,675 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Redhill - Surrey

place Kingsfield Way, Surrey, RH1 6FF

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One bedroom flat available through Shared Ownership Scheme


Description


Full Description

A 1 bedroom flat available through Shared Ownership Scheme

Available for£73,500for35%share based on the marketing figure of£210,000

So Resi Monthly Payment- £375.70
Monthly Service Charge- £162.23
Total Monthly Charge- £537.93 PLUS MORTGAGE REQUIRED FOR 35% SHARE

A well presented ground floor flat in good condition. The accommodation comprises of entrance hall with fittedstorage and airing cupboards, kitchen, reception, bedroom and bathroom with WC. Outside there are well-keptcommunal grounds and areas, communal bin and bike stores, an allocated parking space and additional visitorparking spaces. The property also benefits from double glazing and gas fired central heating.

Property Details

Entrance Hall
Fitted storage cupboard
Fitted airing cupboard

Kitchen
3.41 x 1.87
Good range of units
Cooker
Gas hob Space for fridge/freezer and washer/dryer.

Reception room
3.41 x 4.64

Bedroom
3.77 x 2.82

Bathroom with wc
Three piece white suite
Shower over bath

Outside
Well-kept communal grounds and areas
Communal bin and bike store. Allocated parking space.
Additionalvisitor parking spaces.

EPC Rating

Energy Rating Band- C
Environmental Impact Band- B

All room dimensions approximate.

Please note figures given for rent and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.


Key Features

  • Ground floor flat
  • One bedroom
  • Good condition
  • Secure entry phone system
  • Allocated parking
  • Double glazing and gas fired central heating
  • Close to Redhill town centre
  • Available on 35% share

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Calculate Monthly Cost

Share price
£ 73,500
Min. £73,500
Share percentage
Min. 35%
Your deposit
Min. £3,675
Monthly cost*
£893
Cost breakdown
£376
Rent
£162
Service charge
£355
Mortgage*
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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.