1 bed flat for sale

Grove Court, Redhill, Surrey RH1

This bright and well-decorated one bedroom flat is now available in Surrey through Shared Ownership.

The property is situated on the third floor and comprises an entrance hall with storage space, a spacious living room leading to a private balcony, a fitted kitchen, a good-sized bedroom and a bathroom. Perfect for couples or singles.

Outside, there are communal areas and parking.

Available for £57,000 for 30% share based on the marketing figure of £190,000.

Monthly rent - £290.28
Monthly Service Charge - £396.72
Total Monthly Charge - £687.00 plus mortgage required for 30% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is situated at Grove Court, Gumbrell Mews, within the town centre of Redhill, Surrey.

Within a 20 minute walk or 5 minute drive, Redhill town centre provides a wide range of local amenities including retail, leisure facilities, restaurants and mainline railway services offering frequent connections to London and the South Coast.

In addition, the area benefits from good road access via the A23 and M25 motorway network, making it a well-connected and convenient residential location.

EPC rating

Energy rating band - B

Environmental impact band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

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.