£144,000
2 bed flat for salePicture House, Redhill, Surrey RH1
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two bedroom apartment
Two bathrooms
Balcony
Close to local amenities
5% Deposit
Available for 40% share
Well-presented two-bedroom apartment in Redhill for Shared Ownership. The property comprises a lounge area, a modern kitchen, and two bedrooms with built-in wardrobes and two bathrooms. This home would be the perfect first home for a small family or for young professionals working in London with an easy direct commute directly into the Center of London.
Kid Document
Available for £144,000 for 40% share based on the marketing figure of £360,000.
Monthly rent - £607.87
Monthly Service Charge - £260.10
Total Monthly Charge - £867.97 plus mortgage required for 40% share.
An annual rent increase takes place every April
Location
The location is desirable being close to both Redhill and Reigate town centres. Both offer an array of mainstream and private boutique shops along with entertainment, leisure and restaurant facilities. The property is constructed of traditional brick cavity with a pitched tile roof. The following mainline railways stations are nearby: Redhill (0.3 mi) Merstham (1.3 mi) Earlswood (Surrey) (1.4 m providing excellent commuter links into London.
EPC rating
Energy Rating Band - B
Environmental Impact Band - A
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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More information
Tenure
Leasehold (121 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review