2 bedroom apartment for sale
Crescent Court, , RH1 1TD
Share percentage 35%, full price £270,000, £9,450 Min Deposit.
Share percentage 35%, full price £270,000, £9,450 Min Deposit.
Monthly Cost: £1,171
Rent £364,
Service charge £330,
Mortgage £477*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Redhill, Surrey
Description
A modern, first-floor apartment in great condition. The accommodation comprises of entrance hall with built-in storage cupboards, an open plan kitchen, two bedrooms, a lounge room with access to a balcony, and a bathroom with WC. The property also comes with allocated parking.
Minimum income required: £38,525
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £94,500 for 35% share based on the marketing figure of £270,000.
SO Resi Monthly Payment - £364.35
Monthly Service Charge - £329.50
Total Monthly Charge - £693.85 plus mortgage required for 35% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Layout and dimensionsBedroom 1:
3.983m x 2.992m (plus alcove 1.803m x 1.207m)
Bedroom 2:
3.099m x 4.752m
Reception Room:
4.379m x 3.906m (plus 1.022m x 0.896m)
Kitchen:
3.481m x 1.846m
Bathroom with WC:
2.175m x 1.876m
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for SO Resi payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up-to-date information.
Key Features
- Two bedrooms
- First floor apartment
- Good condition
- Secure entry phone system
- Balcony
- Allocated parking space
- Close to station and facilities at Redhill
- Available on 35% shared ownership basis
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £270,000, £9,450 Min Deposit. Calculated using a representative rate of 4.59%
