2 bedroom apartment for sale
Redwood Court, , KT22 7GJ
Share percentage 45%, full price £280,000, £12,600 Min Deposit.
Share percentage 45%, full price £280,000, £12,600 Min Deposit.
Monthly Cost: £1,258
Rent £455,
Service charge £167,
Mortgage £636*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Leatherhead, Surrey
Description
Spacious two-bedroom apartment in Leatherhead. This second-floor apartment property comprises a fitted open plan kitchen with dining area space appliances/ lounge with a private patio, two spacious bedrooms, and a bathroom with shower over bath. Also includes a communal garden, secure bike storage, and allocated parking.
Minimum income required: £47,400
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £126,000 for 45% share based on the marketing figure of £280,000.
SO Resi Monthly Payment - £454.90
Monthly Service Charge - £167.49
Total Monthly Charge - £622.39 plus mortgage required for 45% share.
Ground Floor:
Communal entrance lobby with staircase
Second Floor:
Private entrance hall
Storage cupboard
Airing cupboard
Bathroom with WC
Bedroom 1:
3.96 x 3.42 m
Bedroom 2:
2.90 x 4.10 m
Living room:
3.11 x 4.47 m
Kitchen/dining area:
2.62 x 4.43 m
Outside:
Communal grounds and areas. Allocated parking space.
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedrooms
- Second floor
- Excellent condition
- Communal gardens
- Good transport links
- Secure bike storage
- Short walk to Leatherhead station
- Available for 45% share
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 45%, full price £280,000, £12,600 Min Deposit. Calculated using a representative rate of 4.59%
