For sale

Albion Yard

Legal & General Affordable Homes

<h3>Life begins at Albion Yard</h3>One of Surrey's greatest assets is the Surrey Hills, a 422 km2 Area of Outstanding Natural Beauty and one of just 46 nationally protected landscapes in the UK - the perfect place for a peaceful walk or heart pumping cycle. Even closer to home is Redhill Common, which puts miles of footpaths through an array of woods and grasslands at your disposal. You couldn't be better placed to explore the great outdoors.You'll be spoilt for shopping options, with the Belfry shopping centre (the hub of Redhill's retail offering) and a host of well-known brands including a Marks &amp; Spencer, H&amp;M and Waterstones. You can also find a popular market three days a week, with the stalls complemented by an array of street food operators, on your local high street. More shops are available at the Warwick Quadrant, along with the Harlequin Theatre and Cinema - at the centre of Redhill's cultural offering.Albion Yard is perfectly connected to anywhere you want to explore. By road and rail, you're superbly connected to both the surrounding area and Central London as Victoria and London Bridge stations are both readily accessible. While by road, your proximity to the M25 and M23 ensure that trips further afield are just as easy. With only an 8 minute train journey to Gatwick or a 39 minute drive to Heathrow, you will be able to explore often but will always call Albion Yard home.&nbsp;For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

Surrey

South East

Reigate and Banstead

JUST LAUNCHED!Perfectly in tune with modern living A vibrant community of contemporary Shared Ownership one and two bed apartments in Redhill, Surrey offering the perfect place to call home.The brand-new apartments combine charming features and everyday conveniences while offering plenty of natural light and neutral décor, waiting for you to design as you wish. High speed fibre broadband access, a secure video entry system and stunning integrated appliances will make living at Albion Yard a delight.Voted London's second-best commuter town to live in, thanks to its superb transport links, prime location moments from the Surrey Hills and M25, as well as excellent education settings, Redhill has so much to offer. With a £90-million programme of investment in the town, now is the time to get on the property ladder and enjoy life at Albion Yard.With over 35 daily direct services to London as well as the charms of the Surrey Hills right on your doorstep, Albion Yard truly offers the best of both worlds and is the perfect place to be.Legal &amp; General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.Shared Ownership Apartments at Albion Yard will be available to move into from Summer 2024.Homes are available to purchase from a 40% share.Financial Breakdown:<ul><li>Full Market Value: £257,500 - £370,000</li><li>40% Share Value: £103,000 - £148,000</li><li>5% Deposit of 40% Value: £5,150 - £7,400</li><li>Rent on Unowned Share: £355 - £509 per month</li><li>Estimated Service Charge: £190.14 - £258.46 per month&nbsp;</li><li>Council Tax: TBC*</li></ul> For more information please register your interest today.WHAT IS SHARED OWNERSHIP? Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).ELIGIBILITY CRITERIA:To be eligible for a home at Albion Yard, you'll need to:<ul><li>Have a combined household income under £80,000 per annum</li><li>Not already own a property, or part of a property, at the time of completing on your purchase</li><li>Be unable to purchase a suitable home to meet your housing needs on the open market</li><li>Must have a living or working connection to the Borough of Reigate &amp; Banstead</li><li>Have a minimum of £5,000 to cover the costs of buying a home</li></ul> If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.Council Tax: TBC Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help&nbsp;

1 - 2 bedroom homes for Shared ownership in Reigate and Banstead. Check your eligibility or Register your interest to be notified for upcoming open days at Albion Yard, Redhill RH1 6QS, Redhill, RH1 6QS.

Shared ownership

A vibrant community of contemporary Shared Ownership 1 and 2 bedroom apartments in Redhill, Surrey offering the perfect place to call home. Homes will be ready to move into in Summer 2024.

Shared ownership at Albion Yard, Reigate and Banstead, RH1 6QS

1st floor

A vibrant community of contemporary Shared Ownership 1 and 2 bedroom apartments in Redhill, Surrey offering the perfect place to call home. Expected to be ready to move in Summer 2024.

A vibrant community of contemporary Shared Ownership 1 and 2 bedroom apartments in Redhill, Surrey offering the perfect place to call home. Expected to be ready to move into in Summer 2024.

	£103,000 1 bedroom flat	£144,000 2 bedroom flat
Availability	For sale	For sale
Minimum share	40%	40%
Full market price	£257,500	£360,000
Deposit from	£5,150	£7,200
Monthly rent	£354	£495
Monthly service charge	£190.14	£250.27

Bedrooms	1	2
Bathrooms	1	1
Reception rooms	1	1
Furniture status	unfurnished	unfurnished
Floor area	50.6	68.5
Number of floors	1	1
Entrance floor	1st floor	1st floor
Tenure	leasehold	leasehold

Albion Yard

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