Russell Square, Horley, Surrey - 45% share (£117,000)

Full price: £260,000 The full value of the property

Share value: 45% - £117,000

Estimated monthly cost*: £1,028

Monthly Mortgage payment*: £586

SO Resi Monthly Payment: £295.86 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge: £146.14 Residents of a development pay this for maintenance of communal/external areas

*Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.


Years on lease: 96

Eligibility: Live & Work in Local Authority

A purpose built first floor flat, located in a four storey block. The property compromises of entrance hall, living room with space for dining area and door to balcony. There are two bedrooms, one with an en suite. The property is extremely well located and very close to railway station.

Location

The property is extremely well located and very close to railway station.

Description

A two bedroom flat available through the Shared Ownership Scheme
Available for £117,000 for 45% share based on the marketing figure of £260,000
Monthly Rent - £295.86
Monthly Service Charge - £146.14
Total Monthly Charge - £442.00 PLUS MORTGAGE REQUIRED FOR 45% SHARE


A purpose built first floor flat, located in a four storey block. The property compromises of entrance hall,
living room with space for dining area and door to balcony. There are two bedrooms, one with an en suite.
The property is extremely well located and very close to railway station.

- Please note that priority will be given to applicants who live or work within the Local authority of Reigate & Banstead

Property details:

Entrance hall

Living area with access to balcony

Dining area

Kitchen

Bathroom

Bedroom 1 with en suite

Bedroom 2


EPC Rating:

Energy Rating Band - B
Environmental Impact Rating Band - B

Please note figures given for rent and service charge are correct at time of marketing.
There is an annual increase that takes place. Please refer to Resale Team for up to date information.

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