Two-bedroom shared ownership flat with low deposit and fast rail links to London.
- 45% shared ownership available, purchase price £130,500
- 5% minimum deposit required for the 45% share
- Open-plan living/kitchen, circa 710 sq ft, lots of natural light
- Allocated off-street parking included
- Energy rating B; modern build (post-2007)
- Service charge c. £2,793.96 annually; monthly £232.83
- Annual rent increase every April; monthly rent £536.08
- Local crime level higher than average — investigate safety
Bright two-bedroom apartment in Chestnut Court offered through Shared Ownership, ideal for first-time buyers seeking an affordable step onto the property ladder. The open-plan living/kitchen and large window bring natural light to the 710 sq ft layout. An allocated off-street parking space and good broadband and mobile signal add everyday convenience.
Location is a key strength: Leatherhead town centre amenities are within walking distance, and Leatherhead station is under a mile away for direct services to central London (about 40 minutes). Easy access to the M25 also supports commuter travel. The home has an Energy Performance Rating of B and a modern build date (post-2007), so heating and insulation are likely efficient.
Important practical points: this is a 45% shared ownership sale priced at £130,500 (based on a £290,000 value). Monthly outgoings for the 45% share are around £768.91 (rent £536.08 plus service charge £232.83), with an annual rent review each April. The remaining lease is long (129 years) and the service charge is comparatively high, so factor ongoing costs into affordability.
Be aware the local area records higher crime levels than average; prospective buyers should research neighbourhood safety and visit at different times. The property is leasehold; speak to a solicitor and mortgage adviser about shared ownership rules, mortgage availability, and long-term resale considerations before committing.
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