Share Price £80,000 (from 40% Min. Share)
Full Value £200,000 | £4,000 Min. Deposit
Scheme: Shared Ownership Resalescheck_circle Available now
1 bedroom apartment in Surrey
place 3, 54 Malmstone Avenue, Merstham, RH1 3NE
Optivo are delighted to offer for sale this well-presented apartment with allocated parking
You may be eligible for this property if:
You have a gross household income of no more than £80,000 per annum when eligible to purchase.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase or rent.
To purchase this 40% minimum share you will need a minimum joint household income of £25,676 and available savings of £4,000 for a 5% mortgage deposit.
Optivo are delighted to offer for sale this well-presented apartment in Redhillwith allocated parking
Malmstone Avenue Merstham Redhill RH1 3NE
The current market value is £200,000 for 100%. The minimum 40% share available is priced at £80,000, current rent payable £296.75 pcm, rent is subject to annual reviews. Service charges are currently £186.71pcm.
This One Bedroom Apartment, is in a purpose built modern flat situated on the 1st floor. The block was constructed circa 2007. The property overall condition is good. This property benefits from Allocated parking
Viewings by appointment only. . Please note Social Distancing measures need to be followed.
Please contact the vendor to arrange – Pamela- email@example.com-
If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy firstname.lastname@example.org or call 020 803 62837
Application forms need to be to Optivo first to apply basic for allocation
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
Full market value
Share available and price
Current rent payable
Monthly service charge
86 years approximately
Entrance Hall, Kitchen/Lounge, Bedroom 1 and Bathroom, Gross internal Floor Area 45meters squared
Download DocumentsProperty brochure 1 Energy Certificate
F – General Needs
General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.