Russell Square

Available

Full price: £275,000 The full value of the property

Share value: 65% - £178,750

Estimated monthly cost*: £1,282

Estimated Monthly Mortgage*: £895

SO Resi Monthly Payment: £227.60 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 flat on the first floor in Horley, Surrey available for sale through the Shared Ownership Scheme. The property is consisted of a contemporary open plan kitchen, directly connected with a dining/living room, one family bathroom and two double bedrooms with a private south-west balcony, two large cupboards in the hallway, access to a well-kept communal garden, bicycle storage and household refuse disposal area.

- Minimum income requirement - £55,213

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Location

The property is situated on the back of Russel Square, not overlooking the town centre directly, but you can find shops, transport, schools and medical practices within a short walking distance.

  • Rail Horley station
  • Car M23

Description

Key Features

Two bedrooms
First floor flat
Good condition
Contemporary design
Private balcony
Allocated parking space
Communal gardens
Visitor's parking
Communal heating system
Close to local amenities in Horley
Available for 65% share

 

Full Description

A two bedroom first floor apartment located in Horley, Surrey available for sale through the Shared Ownership Scheme.
Available for £178,750 for 65% share based on the marketing figure of £275,000.

SO Resi Monthly Payment - £227.60
Monthly Service Charge - £158.17
Total Monthly Charge - £385.77 PLUS MORTGAGE REQUIRED FOR 65% SHARE.

The property is a purpose built flat on the first floor of a four storey block of forty-one units. It is part of a modern development situated in an established residential locality within close proximity of all residential facilities.

Internally

Ground Floor
Communal Entrance door, leading to the staircase and lift.

First Floor
Landing, lounge/kitchen, two bedrooms, bathroom with WC.

Externally

There are communal and parking spaces in the development.
The property has one allocated parking space.
The property also has a balcony to the lounge.

Floor Area

The gross external floor area of the property is approximately 78sq.m.

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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