2 bed flat for sale

Ellis Road, Coulsdon, Surrey CR5

This bright, charming two bedroom apartment is now available in Coulsdon through Shared Ownership.

The property on the ground floor comprises an entrance hall, a modern kitchen with a dining area and a WC. On the first floor, there is a living room, two bedrooms and a bathroom.

Outside, there is a private balcony, communal garden and unallocated parking. Perfect for couples and small families.

Available for £158,000 for 40% share based on the marketing figure of £395,000.

Monthly rent - £586.45
Monthly Service Charge - £127.15
Total Monthly Charge - £713.60 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

The property sits in a tranquil residential area and is close to Coulsdon's town centre, about two miles away; there's also a closer high street called Coulsdon Road less than a mile away.

In Coulsdon, there are plenty of amenities and two railway stations.

The property is also surrounded by green areas, such as the vast Happy Valley, Farthing Downs, and Couldsdon Common.

There are also several schools in the area, many of which are within walking distance.

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.