Full price: £269,000 The full value of the property
Share value: 45% - £121,050
Estimated monthly cost*: £1,084
Estimated Monthly Mortgage*: £606
SO Resi Monthly Payment: £318.98 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £158.17 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
A contemporary two-bedroom, purpose-built flat, on the first-floor with one allocated off-road parking space. The property comprises of an entrance hall with a video entry security system, open plan kitchen/dining/living area, family bathroom and two double bedrooms with a private west-facing balcony. The property also benefits from ample storage space with two hallway cupboards. The residents have access to a well-kept communal garden, bicycle storage and household refuse disposal area. There is a lift from the ground floor entrance hall to all floors. This property is situated at the side of Russell Square, not overlooking the town centre directly, but within short walking distance of shops, transport links, schools and medical practices.
- Minimum income requirement - £39,981
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is in an established residential location, close Horley town centre, close to Waitrose, Horley train station, local public amenities (library, sports centre, post office) banks, pubs, restaurants, schools,shops, and public transport. The property is only 2 minutes away from the closest train station and bus stop. The location is also well-served by many road, rail and bus links.
Two bedroom apartment
Allocated parking space
Secure bike storage
Close to local amenities in Horley
A two bedroom first floor apartment located in Horley available through the Shared Ownership Scheme.
Available for £121,050 for 45% share based on the marketing figure of £269,000.
SO Resi Monthly Payment - £318.98
Monthly Service Charge - £158.17
Total Monthly Charge - £477.15 PLUS MORTGAGE REQUIRED FOR 45% SHARE.
Energy Rating Band - C
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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