3 bedroom house for sale
Langwood Drive, Horley, RH6 9FH
Share percentage 80%, full price £450,000, £18,000 Min Deposit.
Share percentage 80%, full price £450,000, £18,000 Min Deposit
Monthly Cost: £2,320
Rent £261,
Service charge £103,
Mortgage £1,956*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Horley, Surrey
Description
This charming, modern, well-decorated three-bedroom semi-detached house is now available in Horley through Shared Ownership.
On the ground floor, this house comprises an entrance hall, a spacious living room, a separate fitted kitchen and a WC. On the first floor, there are three bedrooms and a bathroom.
Outside, there is a private rear garden and off street parking. Perfect for families.
Available for £360,000 for 80% share based on the marketing figure of £450,000.
Monthly rent - £260.82
Monthly Service Charge - £103.22
Total Monthly Charge - £364.04 plus mortgage required for 80% share.
An annual rent increase takes place every April
LocationLiving in Horley is a pleasant experience. The area is an excellent place for families and children. There are parks nearby where kids can play, and adults can enjoy a morning walk or jog. This property is also close to local shops, so buying groceries and other essentials is easy.
For those who need to travel, the train station is not far (a 5-minute drive or a 30-minute walk from the property), making it simple to reach London or other nearby areas.
Overall, living on Langwood Drive provides a nice balance of calmness and convenience, with everything you need close at hand. It's a lovely place to call home, with a friendly atmosphere and a strong sense of community.
Lease informationYears remaining on lease: 115
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
Key Features
- Three bed semi-detatched house
- Modern kitchen
- Rear garden
- Off street parking
- Available for 80% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 80%, full price £450,000, £18,000 Min Deposit. Calculated using a representative rate of 4.78%