Summary - Burrage Road, Redhill, RH1 RH1 1TL
1 bed 1 bath Flat
Affordable shared ownership close to station, shops and good schools.
Affordable 30% share available for £60,000 (based on £200,000 valuation)
This bright one-bedroom apartment in Redhill offers an affordable route onto the property ladder via Shared Ownership. The flat is light and modern throughout, with a contemporary living room, fitted kitchen, double bedroom with wardrobe and two large storage cupboards — practical for single buyers or couples. Allocated off-street parking, a lift, secure bike storage and communal grounds add everyday convenience.
The home is served by a community heating scheme (included in the service charge), has double glazing and a B EPC rating, helping running costs. Transport links are strong: Redhill train station is about a 10-minute walk with fast services to London and Gatwick, while local shops, parks and well-rated schools are all close by.
Important practical points: this is a shared ownership sale at a 30% share priced at £60,000 (based on a £200,000 valuation). The lease has 81 years remaining and there is a substantial annual service charge (around £3,998.88) which covers heating, hot water and communal maintenance. There is no ground rent, but there is an annual rent increase each April and you will need a mortgage for the 30% share.
This property suits a first-time buyer seeking an economical entry into ownership with low upfront deposit requirements, good local amenities and commuter convenience. Speak to a solicitor and mortgage adviser about the lease length and the ongoing service charge and rent commitments before proceeding.
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