Share Price £92,750 (from 35% Min. Share)

Full Value £265,000 | £4,638 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Redhill - Surrey

place Crescent Court, Foxboro Road, RH1 1TD

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A modern first floor flat in good condition in Redhill


Full Description

Two bedroom flat available through our Shared Ownership Scheme

Available for£92,750 for 35%share based on the marketing figure of £265,000

A modern first floor flat in good condition. The accommodation comprises of entrance hall with built-in storage cupboards,open plan kitchen, two bedrooms, reception room and bathroom with WC. Allocated parking space and balcony. Double glazed windows and hot water and heating. Bus and train station in Redhill.

Located within the popular Park 25 development of mixed properties close to station and town centre facilities at Redhill. Good access to M25 and M23 motorways.

SO Resi Monthly Payment- £348.50
Monthly Service Charge- £284.20
Total Monthly Charge- £632.70 PLUS MORTGAGE REQUIRED FOR 35% SHARE
Minimum Income -£33,839

Buy more shares from a minimum of 10%

Property Details:

Entrance hall
Two built-in storage cupboards

1.83m x 3.25m

Bedroom 2:
2.71m x 5.28m

Bedroom 1:
3.69m x 3.83m (max)
Fitted wardrobe

Reception room:
4.25m x 5.56m (max)

Bathroom with WC
Three piece white suite
Shower over bath

Outside balcony with access via the sitting room
Communal grounds
Allocated car park space.

EPC Rating

Energy Rating Band- B
Environmental Impact Band- B

All room dimensions approximate.

Please note figures given for SO Resi payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up to date information.

Key Features

  • First floor flat
  • Two bedrooms
  • Good condition
  • Secure entry phone system
  • Balcony
  • Allocated parking space
  • Close to station and facilities at Redhill
  • Available on 35% shared ownership basis

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Share price
£ 92,750
Min. £92,750
Share percentage
Min. 35%
Your deposit
Min. £4,638
Monthly cost*
Cost breakdown
Service charge
Calculated using a representative rate of 3.94%

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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.