£77,000
2 bed flat for saleParkham House, Redhill, Surrey RH1
2 beds
2 baths
Just added
Shared ownership
Leasehold
About this property
Two bedroom flat
One allocated parking space
Great transport links
Local amenities
Available for a 35% share
5% minimum deposit only
Spacious and bright two bedroom flat now available in Redhill, Surrey through Shared Ownership.
The property located on the third floor features an entrance hallway, an open-plan kitchen and living space, two bathrooms (one ensuite) and two bedrooms.
The property offers residents one off-site allocated parking space
Available for £77,000 for 35% share based on the marketing figure of £220,000.
Monthly rent - £481.13
Monthly Service Charge - £585.81
Total Monthly Charge - £1,066.94 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 in Redhill, offering convenient access to a wide range of local amenities. Redhill town centre is within easy walking distance, where residents can find supermarkets, high street shops, cafés, restaurants and other everyday services.
Transport links are excellent. Redhill railway station is just a short walk away and provides direct services to London Victoria, London Bridge, Gatwick Airport, Reading and the South Coast, making it an ideal location for commuters. Local bus services are also readily available, offering connections throughout Redhill, Reigate and the surrounding areas.
For leisure and families, the area benefits from several nearby parks, open green spaces and recreational facilities, while a range of well-regarded primary and secondary schools can be found within the local area. A gym, healthcare facilities and other community amenities are also easily accessible, contributing to the area's convenience and appeal.
EPC rating
Energy performance rating band - C
Environmental impact rating band - A
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.
The property located on the third floor features an entrance hallway, an open-plan kitchen and living space, two bathrooms (one ensuite) and two bedrooms.
The property offers residents one off-site allocated parking space
Available for £77,000 for 35% share based on the marketing figure of £220,000.
Monthly rent - £481.13
Monthly Service Charge - £585.81
Total Monthly Charge - £1,066.94 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 in Redhill, offering convenient access to a wide range of local amenities. Redhill town centre is within easy walking distance, where residents can find supermarkets, high street shops, cafés, restaurants and other everyday services.
Transport links are excellent. Redhill railway station is just a short walk away and provides direct services to London Victoria, London Bridge, Gatwick Airport, Reading and the South Coast, making it an ideal location for commuters. Local bus services are also readily available, offering connections throughout Redhill, Reigate and the surrounding areas.
For leisure and families, the area benefits from several nearby parks, open green spaces and recreational facilities, while a range of well-regarded primary and secondary schools can be found within the local area. A gym, healthcare facilities and other community amenities are also easily accessible, contributing to the area's convenience and appeal.
EPC rating
Energy performance rating band - C
Environmental impact rating band - A
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.
Mortgage calculator
Monthly repayment
£385 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (130 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
35%



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