Full price: £265,000 The full value of the property
Share value: 35% - £92,750
Estimated monthly cost*: £1,098
Estimated Monthly Mortgage*: £465
SO Resi Monthly Payment: £348.50 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £284.20 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.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 87
Eligibility: Live & Work in Local Authority
Located within the popular Park 25 development of mixed properties close to station and town centre facilities at Redhill. Good access to M25 and M23 motorways.
Two bedroom flat available through our Shared Ownership Scheme
Available for £92,750 for 35% share based on the marketing figure of £265,000
SO Resi Monthly Payment- £348.50
Monthly Service Charge - £284.20
Total Monthly Charge - £632.70 PLUS MORTGAGE REQUIRED FOR 35% SHARE
Minimum Income - £33,839
Buy more shares from a minimum of 10%
Two built-in storage cupboards
1.83m x 3.25m
Space for fridge/freezer and washing machine
2.71m x 5.28m
3.69m x 3.83m (max)
4.25m x 5.56m (max)
Bathroom with WC
Three piece white suite
Shower over bath
Outside balcony with access via the sitting room
Allocated car park space.
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi payment 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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