Hitchings Way, Reigate, Surrey - 50% share (£212,500)

Full price: £425,000 The full value of the property

Share value: 50% - £212,500

Estimated monthly cost*: £1,430

Estimated Monthly Mortgage*: £1,064

SO Resi Monthly Payment: £345.00 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £21.01 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.

** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.


Years on lease: 125

Eligibility: Live & Work in Local Authority

A three bedroom semi-detached house in pleasant location. The accommodation to the ground floor comprises of entrance hall, kitchen, utility room and two reception rooms. To the first floor there are three bedrooms and a bathroom with WC. A further bonus room is situated within the roof space, with access given from the second bedroom. Outside there are private front, side and rear gardens, private drive to a detached garage at the rear of the plot. Gas fired central heating.

Location

Located within a residential area of similar properties close to Reigate and Redhill town centres. Good access to A25, M23 and M25.

Description

Key Features

  • Semi-detached house
  • Three bedrooms
  • Private drive and garage to rear of property
  • Double glazing and gas fired central heating
  • Close to Reigate and Redhill town centres
  • Available on 50% shard ownership basis

Full Description

A 3 bedroom semi-detached house available through our Shared Ownership Scheme

Available for £212,500 for 50 % share based on the marketing figure of £425,000

So Monthly Payment - £328.88
Monthly Service Charge - £20.38
Total Monthly Charge - £349.26 PLUS MORTGAGE REQUIRED FOR 50% SHARE

- Please note that applicants that live/work in the local authority of Reigate and Banstead will be given priority.

Property Details:

Entrance hall

Kitchen:
2.22 x 2.73
Good range of units
Free standing cooker with gas hob
Space for fridge/freezer and dishwasher

Utility room:
2.50 x 1.56
Space for washing machine and tumble drier

Rear reception room:
3.47 x 3.82

Front reception room:
3.69 x 3.45 plus bay window

First floor:

Landing

Bedroom 2:
3.16 x 3.81
Fitted airing cupboard
Staircase leading to Bonus room within roof space

Bedroom 1:
3.50 x 3.46
Fitted wardrobes

Bedroom 3:
2.26 x 1.96 opening to 2.49 (smaller than 6.5m²)

Bathroom:
2 piece white suite 
Shower over bath

Separate WC

Outside:
Private front, side and rear gardens.
Private drive leading to detached garage at rear of plot.

EPC Rating
Energy Rating Band - D
Environmental Impact Band - D

All room dimensions approximate.

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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