Full price: £310,000 The full value of the property
Share value: 50% - £155,000
Estimated monthly cost*: £1,319
Estimated Monthly Mortgage*: £776
SO Resi Monthly Payment: £429.99 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £112.48 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 82
This spacious first floor apartment in Surrey is available for sale through the Shared Ownership Scheme. The property comprises living area with juliet balcony, fitted kitchen, two large bedrooms, bathroom with WC and one separate WC. The property is located within a modern development of flats with rear parking accessed via an undercroft and rear communal gardens.
- Minimum income requirement - £50,372
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is situated within a residential location in an area known as Banstead in South - West London close to the area of Epsom and to the north of junction 8 of the M25 Motorway and to the south of Sutton. The building is located on the corner of the A217 Brighton Road in a busy area. The property is within a short driving distance of local amenities such as schools, health clinics,
shops and open spaces. Tattenham Corner and Epsom Downs railway stations are within a 10-minute driving distance to the property and has regular connections to London Bridge station.
First floor flat
Allocated parking space
Close to local amenities in Banstead, Surrey
Available for 50% share
A two bedroom first floor apartment located in Banstead available for sale through the Shared Ownership Scheme.
Available for £155,000 for 50% share based on the marketing figure of £310,000.
SO Resi Monthly Payment - £429.99
Monthly Service Charge - £112.48
Total Monthly Charge - £542.47 PLUS MORTGAGE REQUIRED FOR 50% SHARE.
The property is a purpose built two bedroom flat on the first floor of this three storey building completed in circa 2003 as part a development of 9 flats. The flat can be accessed via a secure entry phone door with communal stairs leading up to the first floor level. There is an allocated car parking space within the rear car park.
Entrance lobby via intercom entrance
Entrance hall, Reception with Juliet balcony, two bedrooms, Kitchen
bathroom / WC and separate WC.
There is a parking space in the rear surfaced car park.
The property has access to communal garden areas. There are a few visitor spaces also within the rear car park and there is unrestricted parking on Lyme Regis Road.
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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