Available through our resale shared ownership scheme, a 2nd floor, one-bedroom apartment in Surrey. 

Property description:

The property comprises a wheelchair accessible and communal entrance, an entry system, kitchen with integrated appliances, reception area, one bedroom, family bathroom with shower over bath, two hallway storage cupboards, private loft space and newly fitted hallway carpet. 

The property also benefits from access to a courtyard, bicycle storage and allocated parking with available guest parking. 

Eligibility: Please note priority will be given to applicants that live or work or have direct family in Reigate & Banstead district.

Prior to viewing, all applicants must be registered and approved by Hyde New Homes, and you will be required to carry out a shared ownership affordability assessment.

Lease: Commenced 2003 with 125-year term

Council Tax Band: Reigate & Banstead Council – C 

Approx. Gross Internal Area: 548sq.ft.

LOCAL AREA INFORMATION

• Set in a quiet residential area, close to local shops restaurants and take-aways. Redhill Town Centre is only a short drive away with an excellent range of shops, health facilities and restaurants.

• Earlswood and Redhill train stations provide easy access to central London and Gatwick Airport is approx. a 15-minute drive away. There are local bus routes in proximity that goes through the main road connecting Merstham, Redhill and Reigate.

• There are good local primary and middle schools in walking distance including St Johns Primary and Reigate Secondary. Royal Earlswood Park is a nearby green space for residents to enjoy.

FINANCIAL INFORMATION

Property Value = £250,000

Percentage Share = 35%

Share Price = £87,500

Monthly Rent = £121.26

Monthly Service Charge = £236.54

Please note the rent and service charge is reviewed annually 01 April. 

Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.