1 bed flat for sale

Kingsfield Way, Redhill, Surrey RH1

Bright and modern one bedroom flat now available in Redhill, Surrey through Shared Ownership.

The property located on the ground floor features an entrance hallway, a separate kitchen and living space, one bathroom and one bedroom.

The property offers residents an allocated off-plan parking space and double glazed glass windows.

Available for £73,500 for 35% share based on the marketing figure of £210,000.

Monthly rent - £544.61
Monthly Service Charge - £218.13
Total Monthly Charge - £762.74 plus mortgage required for 35% 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 within a well-established residential area of Redhill, offering convenient access to local amenities and excellent transport links. Both Earlswood (Surrey) station and Redhill station are approximately a 5 minute drive away, providing regular rail services to London, Gatwick Airport, Reading and the surrounding areas.

Everyday essentials are close at hand, with a range of supermarkets, convenience stores and local services available in Redhill town centre, which is just a short drive away. The town centre also offers a variety of shops, restaurants, cafes and leisure facilities, while larger retail and entertainment options can be found at The Belfry Shopping Centre in central Redhill.

For those who enjoy spending time outdoors, there are several green spaces nearby, including Earlswood Common and Memorial Park, providing opportunities for walking, cycling and recreation. Fitness facilities, sports clubs and community amenities are also located within easy reach of the property.

The area also benefits from good public transport connections and a strong sense of community.

EPC rating

Energy performance rating band - C

Environmental impact rating band - B

Other informationHow 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.