£162,500
(£219/sq. ft)
2 bed flat for saleThornton Side, Corfe House Thornton Side RH1
2 beds
2 baths
1 reception
741 sq. ft
EPC Rating: B
Just added
Leasehold
About this property
50% shared ownership
Two double bedrooms
Third-floor apartment
Spacious open-plan kitchen/living/dining room
Principal bedroom with en-suite shower room
Separate family bathroom
Allocated parking space
Approximately 994 years remaining on the lease
Popular Watercolour Development
Council Tax Band 'D' and EPC 'B'
The property is accessed via a communal entrance, with the apartment itself positioned on the third floor.
Upon entering, the hallway provides access to all rooms and benefits from useful built-in storage.
The main living accommodation is a particularly generous open-plan kitchen, dining and living room, offering ample space for both seating and dining areas. Large windows allow plenty of natural light into the room, while the kitchen is fitted with a range of modern wall and base units, work surfaces and integrated cooking appliances.
There are two well-proportioned double bedrooms. The principal bedroom benefits from its own en-suite shower room, comprising a shower enclosure, wash hand basin and WC.
The second bedroom is another good-sized double and is currently arranged to accommodate both sleeping and home-working space, demonstrating the versatility of the room.
A separate family bathroom comprises a bath, wash hand basin and WC.
Externally, the development benefits from communal landscaped areas, while the property also comes with an allocated parking space.
Offered for sale on a 50% shared ownership basis for £162,500, the property provides an excellent opportunity for buyers looking to purchase within the popular Watercolour development.
Early viewings are recommended to appreciate the size, presentation and accommodation on offer.
Shared Ownership & Lease Information
Share Being Sold: 50%
Price for 50% Share: £162,500
Lease: 999 years from January 2021
Remaining Lease: Approximately 994 years
Rent on Remaining 50% Share: £441.30 per month
Service Charge Including Buildings Insurance: £278.84 per month
Lease Management Fee: £27.49 per month
Total Monthly Charges: £747.63 per month
Purchase will be subject to the relevant shared ownership eligibility and affordability requirements.
This information should be confirmed by your solicitor.
Location
Situated in the village of Salfords and located just south of the towns of Redhill and Reigate and north of Horley, Gatwick Airport and Crawley. The village has its own mainline station and provides regular train services to London and the South Coast also giving easy access to the M25 and M23. Redhill offers a shopping centre, post office, library, variety of restaurants, leisure centre and recreation grounds can all be found within the local area. Nursery, primary and secondary schools are within easy reach and there is a wide range of countryside walks and cycle ways that can be found within close proximity.
Anti Money Laundering
In accordance with the requirements of the Anti Money Laundering Act 2022, Mansell McTaggart Horley ltd mandates that prospective purchaser(s) who have an offer accepted on one of our properties undergo identification verification. To facilitate this, we utilise MoveButler, an online platform for identity verification. The cost for each identification check is £30, including VAT charged by MoveButler at the point of onboarding, per individual (or company) listed as a purchaser in the memorandum of sale. This fee is non-refundable, regardless of the circumstances.
Referral Fee
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Mansell McTaggart, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Disclaimer
Consumer Protection from Unfair Trading Regulations 2008. We have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify that they are in working order or fit for purpose. You are advised to obtain verification from your solicitor or surveyor. References to the tenure of a property are based on information supplied by the seller. We have not had sight of the title documents and a buyer is advised to obtain verification from their solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars, but may be available by separate negotiation.
Upon entering, the hallway provides access to all rooms and benefits from useful built-in storage.
The main living accommodation is a particularly generous open-plan kitchen, dining and living room, offering ample space for both seating and dining areas. Large windows allow plenty of natural light into the room, while the kitchen is fitted with a range of modern wall and base units, work surfaces and integrated cooking appliances.
There are two well-proportioned double bedrooms. The principal bedroom benefits from its own en-suite shower room, comprising a shower enclosure, wash hand basin and WC.
The second bedroom is another good-sized double and is currently arranged to accommodate both sleeping and home-working space, demonstrating the versatility of the room.
A separate family bathroom comprises a bath, wash hand basin and WC.
Externally, the development benefits from communal landscaped areas, while the property also comes with an allocated parking space.
Offered for sale on a 50% shared ownership basis for £162,500, the property provides an excellent opportunity for buyers looking to purchase within the popular Watercolour development.
Early viewings are recommended to appreciate the size, presentation and accommodation on offer.
Shared Ownership & Lease Information
Share Being Sold: 50%
Price for 50% Share: £162,500
Lease: 999 years from January 2021
Remaining Lease: Approximately 994 years
Rent on Remaining 50% Share: £441.30 per month
Service Charge Including Buildings Insurance: £278.84 per month
Lease Management Fee: £27.49 per month
Total Monthly Charges: £747.63 per month
Purchase will be subject to the relevant shared ownership eligibility and affordability requirements.
This information should be confirmed by your solicitor.
Location
Situated in the village of Salfords and located just south of the towns of Redhill and Reigate and north of Horley, Gatwick Airport and Crawley. The village has its own mainline station and provides regular train services to London and the South Coast also giving easy access to the M25 and M23. Redhill offers a shopping centre, post office, library, variety of restaurants, leisure centre and recreation grounds can all be found within the local area. Nursery, primary and secondary schools are within easy reach and there is a wide range of countryside walks and cycle ways that can be found within close proximity.
Anti Money Laundering
In accordance with the requirements of the Anti Money Laundering Act 2022, Mansell McTaggart Horley ltd mandates that prospective purchaser(s) who have an offer accepted on one of our properties undergo identification verification. To facilitate this, we utilise MoveButler, an online platform for identity verification. The cost for each identification check is £30, including VAT charged by MoveButler at the point of onboarding, per individual (or company) listed as a purchaser in the memorandum of sale. This fee is non-refundable, regardless of the circumstances.
Referral Fee
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Mansell McTaggart, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Disclaimer
Consumer Protection from Unfair Trading Regulations 2008. We have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify that they are in working order or fit for purpose. You are advised to obtain verification from your solicitor or surveyor. References to the tenure of a property are based on information supplied by the seller. We have not had sight of the title documents and a buyer is advised to obtain verification from their solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars, but may be available by separate negotiation.
Mortgage calculator
Monthly repayment
£812 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
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 (994 years)
Service charge
£3,342 per year
Council tax band
D
Ground rent
£0
Ground rent date of next review
.png){kind=logo}