2 bedroom apartment for sale
Redwood Cout, Park View Road, KT22 7GJ
Share percentage 45%, full price £290,000, £6,525 Min Deposit.
Share percentage 45%, full price £290,000, £6,525 Min Deposit.
Monthly Cost: £1,477
Rent £515,
Service charge £235,
Mortgage £727*
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 modern, spacious, well-decorated two-bedroom apartment is now available in Leatherhead through Shared Ownership.
The property on the first floor comprises an entrance hall, a spacious living room with a modern open-plan kitchen, two bedrooms, and a bathroom. Outside, there are communal areas and allocated parking, Perfect for couples and small families.
Available for £130,500 for 45% share based on the marketing figure of £290,000.
Monthly rent - £514.97
Monthly Service Charge - £234.64
Total Monthly Charge - £749.61 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationLeatherhead station is 1.1 miles from the property, which has a direct route into London every 15 minutes (Waterloo and Victoria).There is also a 465 bus service from Dorking to Kingstone. Close to a range of shops, restaurants, supermarkets and leisure centres.
EPC ratingEnergy rating band - B
Environmental impact band - C
Gross internal floor area: 66 m²
Living room & kitchen: 6.12 x 4.67 m
Bedroom 1: 4.70 x 2.90 m
Bedroom 2: 3.33 x 3.10 m
Years remaining on lease: 131
In certain cases, 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
- Modern kitchen
- Allocated parking
- Good travel links
- Available for 45% 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 45%, full price £290,000, £6,525 Min Deposit. Calculated using a representative rate of 5.03%