Russell Square

Available

Full price: £270,000 The full value of the property

Share value: 45% - £121,500

Estimated monthly cost*: £1,081

Estimated Monthly Mortgage*: £609

SO Resi Monthly Payment: £310.21 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £161.68 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: 93

Spacious apartment in Horley, Surrey available for sale through the Shared Ownership Scheme. The property comprises two large bedrooms, open plan living area/kitchen with access to a good-sized balcony, bathroom with WC and hallway. Externally the property offers one secure underground parking space.

 

 

- Minimum income requirement - £40,045

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Location

The subject property is within close proximity of the nearest rail mainline station; Horley, with services into Central London.
A host of local shopping and recreational facilities are available within the immediate vicinity.

Description

Key Features

  • Two bedroom second floor flat
  • Good condition
  • Communal heating exchange system
  • Double glazed
  • Spacious balcony
  • Secure parking space
  • Close to local amenities in Horley, Surrey


Full Description

A two bedroom second floor apartment located in Horley available through the Shared Ownership Scheme.
Available for £121,500 for 45% share based on the marketing figure of £270,000.

SO Resi Monthly Payment - £310.21
Monthly Service Charge - £161.68
Total Monthly Charge - £471.89 PLUS MORTGAGE REQUIRED FOR 45% SHARE.

The property is a two bedroom, second floor flat within a six storey mixed use core of 37 flats and ground floor commercial units that form part of a larger modern development in Horley, Surrey. Located to the south of London, the property falls under the Reigate & Banstead Borough Council.


Ground Floor

Entryphone system to Communal Hallway,Passenger Lift and Stairwell.

Second Floor

Hall

Bedroom (1)
2.772m (max) x 5.914m.

Bedroom (2)
2.091m x 4.063m.

Reception/Kitchen
4.050m (max) x 6.402m.

Bathroom with WC
2.128m x 2.098m.


Externally

Balcony accessed from Reception Room.
One secure underground parking space.

EPC Rating

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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