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£85,000
Bright and modern apartment now available in Redhill through Shared Ownership.
The flat sits on the ground floor and comprises a large living room with open-plan kitchen, and two good-sized bedrooms. This could be ideal for a couple or a small family.
The property was built in 2020.
Available for £85,000 for 25% share based on the marketing figure of £340,000.
Monthly rent - £683.36
Monthly Service Charge - £61.48
Total Monthly Charge - £744.84 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is located in a large residential block in the town centre of Redhill, south of London, with all amenities nearby and within walking distance.
Pubs, shops and restaurants are all a stone's throw away, and the railway station is just across the street.
Central London can be reached by train in about 40 minutes, and the motorways M25 and M23 are also close.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 244
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.
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