2 bedroom apartment for sale
Chestnut Court, Park View Road, KT22 7GF
Share percentage 50%, full price £270,000, £6,750 Min Deposit.
Share percentage 50%, full price £270,000, £6,750 Min Deposit.
Monthly Cost: £1,348
Rent £442,
Service charge £154,
Mortgage £752*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Leatherhead, Surrey
Description
This bright, modern two-bedroom apartment is now available in Leatherhead through Shared Ownership.
On the second floor, the property comprises a living room with a fitted kitchen, two bedrooms, and a bathroom. The apartment also has allocated parking. This is ideal for couples and small families.
Available for £135,000 for 50% share based on the marketing figure of £270,000.
Monthly rent - £442.49
Monthly Service Charge - £154.26
Total Monthly Charge - £596.75 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located just outside Leatherhead's town centre, in a residential area, about 12 minutes away from the railway station. The train travels to Victoria Station, in Central London, in less than an hour.
The close M25 motorway, just a few minutes' drive away, also makes road travel incredibly convenient. There's also the A24 highway nearby.
All local amenities are nearby, including a large shopping centre in the southern part of the town, with shops, restaurants, supermarkets, a gym and a cinema.
Many schools for all levels can be found nearby, some within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - B
Gross internal floor area: 66 m²
Living room & kitchen: 5.61 x 5.26 m
Bedroom 1: 4.39 x 2.82 m
Bedroom 2: 4.17 x 2.84 m
Years remaining on lease: 131
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- Two-bedroom apartment
- Separate kitchen
- Allocated parking spaces
- Good travel links
- Available for 50% share
- 5% minimum deposit only
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 50%, full price £270,000, £6,750 Min Deposit. Calculated using a representative rate of 5.03%
