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£130,500
This superb modern home is available to buy from as little as £130,500 with a 45% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £290,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £130,500 with a 45% share!
Set within the desirable development of Chestnut Court on Park View Road, this well-presented two-bedroom apartment offers a fantastic blend of space, comfort, and convenience in the heart of Leatherhead.
The property features a bright and spacious open-plan kitchen/reception room, ideal for both relaxing and entertaining, with ample room for dining and modern living. The kitchen is well laid out with good storage and workspace, seamlessly connecting to the main living area. There are two well-proportioned bedrooms, both offering comfortable accommodation, along with a family bathroom and additional hallway storage.
Perfectly positioned for commuters, the property is within easy reach of Leatherhead railway station, providing direct links into London, making it ideal for those needing access to the city. The area also benefits from excellent road connections via the nearby M25 and A24.
Leatherhead town centre is just a short distance away, offering a range of shops, cafes, restaurants, and local amenities, while the surrounding Surrey countryside provides beautiful green spaces for walks and outdoor activities.
PRICING & AFFORDABILITY
Full Market Value: £290,000
45% Share Price: £130,500 (rent £536.08pcm)
Minimum 5% Mortgage Deposit (45% share): £6,525
Approximate Service Charges: £232.83pcm*
Lease: 129 years
Sown Shared Ownership
