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2 bed flat for sale

£71,750 Shared ownership

Tippett Lane, Hurst Green RH8

2 1

Images may include optional upgrades at additional cost

Interested in this property? Call +44 1883 410990 * or

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Property features

  • Terrace
  • Quality fitted kitchen
  • Stainless steel oven
  • Hob and hood
  • Carpets
  • Parking space
  • 10 year NHBC warranty

Property description

Apartment 102 and 103

Living/Dining/Kitchen 6.70m x 6.52m
Bedroom 1 3.22m x 4.17m
Bedroom 2 4.17m x 4.80m
Bathroom 2.20m x 2.05m

Full Market Value: £287,000
Minimum Share: 25%
Share Value: £71,750
Monthly Rent: £494
Estimated Monthly Service Charge: £89

Holland Road

Set in the picturesque village of Hurst Green, Meridian Square is a stunning new development of apartments surrounded by landscaped private gardens, tree lined avenues and green open spaces. Named after the Prime Meridian longitude line which passes through Hurst Green.

Meridian Square offers a range of homes to suit young couples or families looking for a home in the country. Affinity Sutton, one of the largest providers of affordable housing in England, is delighted to offer 18 one and two-bedroom apartments for sale on a shared ownership basis (also called part buy/part rent).

Shared ownership is an innovative scheme that helps people who are unable to buy a property outright. You buy a share of the property (between 25% and 75%) and pay a reduced rent on the remaining share. At a later stage you can buy more shares until you own 100% of the property. It’s an affordable way to buy, and often cheaper than renting privately.

This is the perfect solution for those wanting to get on the property ladder and to live in this peaceful Surrey village, yet within easy reach of London.

At Meridian Square all our homes are designed to suit a modern lifestyle and equipped to a high specification. The apartments all have open-plan living areas that are spacious, airy and filled with natural daylight. Walls and carpets are in neutral colours, giving you the perfect opportunity to add your personal touch to your brand new home. Outside, each property has their own dedicated parking space.

  • The site is 1.3 miles from Oxted centre, an affluent area of Tandridge with good shops, commuter rail and road links to the M25, Croydon and Gatwick.

  • The site is approximately less than a mile from Hurst Green train station with fast link trains into Victoria via East Croydon.

  • The road network is very accessible: The M25 is 3 miles away; A25 1 mile and the M23 10 miles away.

  • The district of Tandridge contains part of the North Downs which is an area of outstanding beauty and part of the Weald. The area has several woodlands and some open heathlands. Mill Lane recreational ground is in walking distance from the site as is Oxted Rugby ground.

  • There are good state junior and secondary schools in the area and there is one infant and junior school within walking distance.


Our Shared Ownership Scheme

Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under the Meridian Square Shared Ownership scheme, you buy a share of the property’s value (between 25% and 75%) and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Am I eligible?
There re are certain conditions to be eligible for Meridian Square Shared Ownership properties:
• Your annual household income must be no more than £80,000.
• You must be unable to purchase a home suitable for your needs without assistance. Viewing appointments are confirmed subject to an initial financial assessment. You must not have any outstanding credit issues (i.E. Unsatisfied defaults or county court judgments).
• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.
• For this scheme, buyers need to demonstrate a connection to the area.
• You must be approved by Help to Buy.

If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. Sometimes you may need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £606,977 Sales 222 Current average value £713,180 (Zoopla Zed-Index) Value change £10,484 ▲ 1.49%

Property value data/graphs for RH8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £1,057,507 £500 4.3 £985,316
Semi-detached £528,011 £462 3.3 £527,152
Terraced £413,535 £430 2.8 £380,217
Flats £428,320 £452 2.1 £349,639

Current asking prices in RH8

Average: £697,317
Avg. current asking prices in RH8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £422,075
(6)
£540,310
(24)
£687,660
(15)
£1,359,571
(7)
Flats £280,000
(1)
£258,312
(8)
- - -
All £280,000
(1)
£328,496
(14)
£540,310
(24)
£687,660
(15)
£1,359,571
(7)

Current asking rents in RH8

Average: £1,628 pcm
Avg. current asking prices in RH8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £901 pcm
(1)
£1,329 pcm
(5)
£1,351 pcm
(4)
£2,550 pcm
(4)
£3,800 pcm
(2)
Flats £839 pcm
(2)
£1,233 pcm
(6)
£1,248 pcm
(2)
- -
All £859 pcm
(3)
£1,276 pcm
(11)
£1,317 pcm
(6)
£2,550 pcm
(4)
£3,800 pcm
(2)

Fun facts for RH8

Highest value in RH8
Highest value streets Zed-Index
Brassey Hill £1,841,007
Ballards Lane £1,840,252
Itchingwood Common Road £1,782,693
Quarry Road £1,565,819
Trevereux Hill £1,549,151
Highest turnover in RH8
Highest turnover streets Turnover
Wilderness Road 47.8%
Bay Trees 47.1%
Hoskins Road 44.2%
Icehouse Wood 40.0%
Ballards Lane 38.5%

What Zoopla users think of Oxted

Overall rating:

  • currently 4.5 stars
Very good - 92% (75 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Oxted:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Hurst Green (0.6 miles)
  • Oxted (1.6 miles)
  • Edenbridge(Kent) (2.9 miles)
  • London Gatwick Airport (10.7 miles)
  • London City Airport (18.6 miles)
  • London Heathrow Airport (26.3 miles)
  • Greenwich Pier (17.1 miles)
  • Masthouse Terrace Pier (17.4 miles)
  • Barrier Gardens Pier (17.9 miles)

Nearby schools

View all schools in Tandridge
  • Holland Junior School (0.1 miles)
  • Hurst Green Infant School (0.5 miles)
  • Limpsfield CofE Infant School (1.4 miles)
  • Orpheus Centre (4.1 miles)
  • Young Epilepsy (The National Centre for Young People with Epilepsy) (4.3 miles)
  • Coulsdon Sixth Form College (7.4 miles)
  • Moor House School & College (0.6 miles)
  • Hazelwood School (0.9 miles)
  • Oxted School (1.7 miles)
Note: Distances are straight line measurements

Local info for Tandridge

About the neighbours in RH8

AskMe Q&A for Tandridge

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For more information about this property, please contact
Clarion Housing - Holland Road, RH8 on +44 1883 410990 * (local rate)

Monthly running costs Beta

£314 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,175
Repayment term 25
Interest rate 1.5
Your payment £258 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £21 Electricity £35 Estimated energy cost £56/mo

Similar properties could save up to £196

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7000 kWh/year
Electricity: 2500 kWh/year

Source: National Energy Efficiency Data Framework

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarion Housing - Holland Road, and do not constitute property particulars. Please contact Clarion Housing - Holland Road for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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