Skip to main content
Picture No. 06
Picture No. 05
Picture No. 04
Picture No. 09
Picture No. 10
Picture No. 11
Picture No. 12
Picture No. 13
Picture No. 14
Picture No. 16
Picture No. 17
Picture No. 19
Picture No. 20
Picture No. 22
EPC Rating Graph
Total views:  2229
Shared ownership
£150,500

2 bedroom apartment for sale

Merrileas Drive, Oxshott, Leatherhead
Apartment
2 beds
1 bath
Added > 14 days

Key information

TenureLeasehold | unconfirmed share | 988 yrs left
Service charge£1,630.56 per annum
Council taxAsk agent
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Modern shared Ownership Home
  • Two Bedrooms
  • One Bathroom
  • Residents Parking
  • Long Lease
This superb modern home is available to buy from as little as £150,500 with a 35% share!

This well-presented property is part of a three-story building and offers comfortable living across a thoughtfully designed layout. The apartment comprises two generously sized bedrooms, a modern family bathroom, a welcoming and airy living room, and a fully equipped kitchen.

The property also benefits from allocated parking, providing peace of mind in this popular area. Natural light fills the living spaces, creating a warm and inviting atmosphere, while the bedrooms offer ample space for rest and relaxation. Being on the first floor, the apartment enjoys privacy while remaining easily accessible.

Leatherhead offers excellent transport links, including direct train services to London Waterloo and Victoria, with journey times of around 45 to 50 minutes. The town also benefits from proximity to the M25 motorway, local bus services, and easy access to walking and cycling routes around the Surrey Hills.
Residents will enjoy a wide range of amenities, including a town centre with shops, cafés, restaurants, pubs, and the covered Swan Centre for retail convenience. There are also parks, riverside walks, and green spaces nearby, making the area ideal for outdoor leisure. Local schools, community facilities, and cultural venues add to Leatherhead’s appeal as a well-rounded, family-friendly location.

PRICING & AFFORDABILITY

Full Market Value: £430,000

35% Share Price: £150,500 (rent £657.14pcm)
Minimum 5% Mortgage Deposit (35% share): £7525
Approximate Service Charges: £135.88pcm*
Lease: 989 years

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* This home can also be purchased outright (100% of the value) which is 430,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property information from this agent

Visit agent website

About this agent

SOWN - National
SOWN - National
Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
023 8221 9179
Full profileProperty listings
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.
... Show more

See more properties like this

*Disclaimer and call rate information...