2 bedroom apartment for sale
Parkside Court, 43 Gatton Park Road, RH1 2AS
Share percentage 50%, full price £280,000, £14,000 Min Deposit.
Share percentage 50%, full price £280,000, £14,000 Min Deposit.
Monthly Cost: £1,483
Rent £610,
Service charge £163,
Mortgage £710*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You can buy a home through shared ownership if both of the following are true:
-Your household income is £80,000 a year or less (£90,000 a year or less in London)
-You cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
You’re a first-time buyer
You used to own a home but cannot afford to buy one now
You’re forming a new household - for example, after a relationship breakdown
You’re an existing shared owner, and you want to move
You own a home and want to move but cannot afford a new home that meets your needs
For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.
Summary
Well Presented 2 Bedroom Flat
Description
Two bedroom second floor flat in a purpose built block primarily constructed of brick cavity and pitched tile roof and all windows are double glazed.
Desirable location, being close to both Redhill and Reigate town centres. Both offer an array of mainstream and private boutique shops along with entertainment, leisure and restaurant facilities & Priory Park.
Key Features
- Entrance hallway with storage
- Open plan kitchen/sitting room
- Bathroom
- Two bedrooms
- Main bedroom with an en suite shower room.
- Communal gardens and grounds.
- Allocated car parking space and Limited visitor spaces available.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Map
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 £280,000, £14,000 Min Deposit. Calculated using a representative rate of 4.64%
