£140,000

This bright and well presented two bedroom apartment is now available in Ashtead through Shared Ownership.

The property on the first floor comprises an entrance hall with storage, a spacious living room with a open plan kitchen, two good sized bedrooms (one en-suite) and a bathroom.

Outside, there is allocated off-street parking and a shared garden area. Perfect for couples and small families.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £140,000 for 40% share based on the marketing figure of £350,000.

Monthly rent - £605.35
Monthly Service Charge - £249.78
Total Monthly Charge - £855.13 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property locates near the town centre of Ashtead, a village full of vast green areas as well as great commuting links.

From the train station, the train can reach Victoria Station in Central London in about 40 minutes. The close M25, on the other hand, makes road travel also convenient.

Due to the closeness of the town centre, all local amenities can be found nearby, with several shops and restaurants on the main road.

There is also a multitude of schools for all levels, many of which are within walking distance. Some of them are St Peter’s, St Andrews, Downsend.

Thanks to its tranquilness and convenience, Ashtead could be a great place to raise a family and live well.

Energy rating band - B
Environmental impact band - B

Years remaining on lease: 975

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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.