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Brentwood

Shared ownership

1 Beatrice Square, Tadworth, KT20 5FT

For sale
Shared ownership
Photo of Brentwood
Live from space album cover

from

£89,700

with min. deposit

£4,485

30% Share from
£89,700
Full market price
£299,000
Minimum deposit
£4,485
Monthly rent
£455
Monthly service charge
£130
Reservation free
£250

1 bedroom flat

This beautiful one-bedroom apartment is furnished, in immaculate condition and is the ideal location. The apartment is on the second floor and has a south-facing, spacious balcony overlooking the communal gardens. Being just a twenty-minute walk from Tattenham Corner train station and a ten-minute drive from Epsom train station, it is great for commuting into London. Local shops are a short walk away, and it's up the road from the famous Epsom Down Racecourse.

There is wood flooring throughout the apartment, which gives a lovely warm feel to the property. The large bathroom has a bath/ shower, and large built-in wardrobes are in the bedroom. …

Features

Balcony

Central heating

Double Glazing

On street/resident parking

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusfurnished
Floor area49
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years125
EER Current84

from

£89,700

with min. deposit

£4,485

30% Share from
£89,700
Full market price
£299,000
Minimum deposit
£4,485
Monthly rent
£455
Monthly service charge
£130
Reservation free
£250
Optivo (Resales)

Optivo (Resales)

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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