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

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

Scheme: Shared Ownership Resales

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1 bedroom apartment in Redhill - Surrey

place Buckland Court, Rubeck Close, RH1 1TH

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Modern first floor one bedroom flat in good condition in Surrey


Description

Full Description

One bedroom flat available through our Shared Ownership Scheme

Available for £73,500 for 35% share based on a market value of £210,000

Modern first floor flat in good condition in Surrey. The accommodation comprises of entrance hall, kitchen, reception room, bedroom and bathroom with wc. Outside there are well-kept communal grounds and areas, including bin and bike stores. The property also benefits from allocated and visitor parking, double glazing and hot water/central heating from a communal Biomass boiler. This property is brought to you by So Resi.

So Resi Monthly Payment- £283.86
Monthly Service Charge- £260.27
Total Monthly Charge- £544.13 PLUS MORTGAGE REQUIRED FOR 35% SHARE

- Please note that applicants that live work in the local authority of Reigate and Banstead will be given priority.

Property Details

Entrance hall
Fitted storage cupboard

Kitchen
3.39 x 1.90
Good range of modern units
Cooker
Electric hob
Space for fridge/freezer and washing machine

Reception room
4.17 x 5.00 plus 0.32 x 2.51

Bedroom
3.18 x 3.76
Fitted cupboard

Bathroom with wc
Three piece white suite
Shower over bath

Outside
Well-kept communal grounds and areas
Communal bin and bike stores
Allocated parking space
Additional visitor parking spaces

All room dimensions approximate

EPC Rating

Energy Rating Band- C
Environmental Impact Band- A

Please note figures given for so resi monthly payment 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

  • First floor flat
  • One bedroom
  • Good condition
  • Secure entry phone system
  • Allocated parking space
  • Environmentally friendly hot water and heating from Biomass boiler
  • Close to station and facilities at Redhill
  • Available on 35% Shared Ownership basis

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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*
£899
Cost breakdown
£284
Rent
£260
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.