£128,250
2 bed flat for saleRussell Square, Horley, Surrey RH6
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two bedroom flat
Private balcony
Allocated parking
Local amenities
Available for 45% share
5% minimum deposit only
This bright and spacious two bedroom flat is now available in Horley, Surrey through Shared Ownership.
The property on the second floor comprises a private entrance hall with fitted storage and airing cupboard, an open-plan kitchen/reception room, two bedrooms and a bathroom.
Outside, there is a private balcony accessed via reception area, an allocated parking space, communal grounds and bike storage.
Available for £128,250 for 45% share based on the marketing figure of £285,000.
Monthly rent - £471.69
Monthly Service Charge - £208.42
Total Monthly Charge - £680.11 plus mortgage required for 45% 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
This property is located within a residential development of mixed flats, close to shops, a railway station and other amenities at Horley.
The property is just a 4 minute walk from Horley Station, offering easy access to Southern and Thameslink railway services.
The nearest bus stop is only a 2 minute walk around the corner, providing convenient local travel options. Within a 5 minute walk, you’ll find 3 supermarkets, making daily shopping simple. In addition, there are several cafés and restaurants within a 10 minute walk, giving you plenty of nearby choices for dining and coffee.
EPC rating
Energy rating band - C
Environmental impact band - C
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.
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More information
Tenure
Leasehold (87 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
45%