1 bedroom apartment for sale
Surridge Court, Whittaker Drive, RH6 9FB
Share percentage 60%, full price £210,000, £6,300 Min Deposit.
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
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
LocationThis 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 ratingEnergy rating band - C
Environmental impact band - C
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 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 60%, full price £210,000, £6,300 Min Deposit. Calculated using a representative rate of 5.03%