1 bedroom apartment for sale

Under Offer

Surridge Court, Whittaker Drive, RH6 9FB

£126,000 · Shared Ownership Resale

Share percentage 60%, full price £210,000, £6,300 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£126,000 Shared Ownership Resale

Share percentage 60%, full price £210,000, £6,300 Min Deposit.

Monthly Cost: £1,094
Rent £212, Service charge £180, Mortgage £702*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

A 1 bed shared ownership property available in Horley, Surrey

Description

This cozy and modern one bedroom apartment is now in Horley through Shared Ownership.

The property on the first floor comprises of an entrance hall, a living room with a modern open plan kitchen, one large bedroom and a bathroom.

Outside, there is allocated parking and communal garden areas. Perfect for couples or a single person.

Available for £126,000 for 60% share based on the marketing figure of £210,000.

Monthly rent - £211.88
Monthly Service Charge - £180.15
Total Monthly Charge - £392.03 plus mortgage required for 60% share.

An annual rent increase takes place every April

Location

This property is in a distinguished residential property that exemplifies modern living. This well-appointed development offers a harmonious blend of comfort and convenience, making it an ideal choice for families and professionals alike. With its strategic location, residents enjoy easy access to local amenities, transport links, and green spaces, enhancing the overall quality of life. The thoughtfully designed interiors and communal areas further contribute to a welcoming atmosphere, ensuring that Surridge Court stands out as a desirable place to call home.

EPC rating

Energy rating band - C
Environmental impact band - C

Lease information

Years remaining on lease: 88

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.

Key Features
    Particulars

    Tenure: Not specified
    Council Tax Band: Not specified

    Property Downloads
    Floor Plan
    Map
    Horley (1.12 miles) Salfords (1.52 miles) Gatwick Airport (1.83 miles)
    Monthly Cost Calculator

    The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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    • 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.

    £126,000
    Shared Ownership Resale
    Estimated Monthly Cost:£1,094
    Rent £212
    Service Charge £180
    Mortgage £702

    Share percentage 60%, full price £210,000, £6,300 Min Deposit. Calculated using a representative rate of 5.03%


    Disclaimer
    The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.