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Kingsfield Way, Redhill, Surrey, RH1

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • One bedroom apartment
  • Off-site allocated parking space
  • Great transport links
  • Local amenities
  • Available for a 35% share
  • 5% minimum deposit only

Description

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 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.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Kingsfield Way, Redhill, Surrey, RH1

Approximate location

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Affordability

Monthly repayments£365
Property: £ 73,500
Deposit: £ 7,350
Interest rate: 5.22%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About So Resi, So Resi

Amber House, Market Street Bracknell, RG12 1LQ
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

So Resi is the new brand for shared ownership homes by Metropolitan Thames Valley.

So Resi aims to improve understanding, change perception and increase awareness of shared ownership and break down the barriers to home ownership.

So Resi by Metropolitan Thames Valley is a not-for-profit housing association. We have helped create over 15,000 homes in London and the South-east because we want everyone to have a chance to build their lives from a good home.

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Disclaimer - Property reference 80606_119857. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by So Resi, So Resi. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.