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£144,000

2 bed flat for sale
Elliston Way, Ashtead, Surrey KT21

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Shared ownership
  • Leasehold

SOWN - Shared Ownership

Logo of SOWN - Shared Ownership

About this property

  • Modern Shared Ownership Apartment

  • Two Bedrooms

  • One Bathroom

  • Open Plan Living

  • Residents Parking

This superb modern home is available to buy from as little as £144,000 with a 40% share!

Situated in a well-maintained two-storey building, this beautifully presented ground floor apartment offers spacious and comfortable living in a sought-after location.
The property features two generous bedrooms, a contemporary bathroom, and a bright open-plan kitchen/living area, ideal for both relaxing and entertaining. The modern kitchen comes fully fitted with ample storage and integrated appliances.

Additional benefits include allocated parking for residents, secure entry, and well-kept communal areas.
Located in the Ashtead area, you're within easy reach of Ashtead village with its charming high street, independent cafes, restaurants, and convenient local shops. Larger supermarkets and retail outlets can be found nearby in Leatherhead and Epsom.

For commuters, Ashtead Station is just a short distance away, offering direct links to London Waterloo and Victoria, making this an ideal home for professionals. The A24 and M25 are also easily accessible for travel by car.

Surrounded by greenery, local parks, and walking trails, the area combines peaceful residential living with excellent transport and amenities.
Pricing & affordability


Full Market Value: £360,000

40% Share Price: £144,000 (rent £548.77pcm)
Minimum 5% Mortgage Deposit (40% share): £7,200
Approximate Service Charges: £249.78pcm*
Lease: 84 Years
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £360,000 and a purchaser would not need to meet the eligibility criteria listed above.

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More information

  • Tenure

    Leasehold (83 years)

  • Service charge

    £2,997 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

See all recent sales in KT21

Property descriptions and related information displayed on this page are marketing materials provided by - SOWN - Shared Ownership. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SOWN - Shared Ownership for full details and further information.