So Resi says ..

Property Oracle says ..

This listing presents a two-bedroom apartment in Leatherhead, Surrey, offered through a shared ownership scheme. The property is described as bright, modern, and well-decorated, and the photographs provided support this assessment, showing a clean, contemporary interior. The apartment features an open-plan living room/kitchen area, two bedrooms, and a bathroom. A notable feature is the inclusion of a private rear garden, which is uncommon in apartments.

The location in Leatherhead offers access to good schools, including the highly-rated Woodlands School and St Andrew’s Catholic School. Leatherhead train station provides convenient rail links to London and other parts of the UK. However, the exact location within Leatherhead and the specifics of the surrounding neighborhood would help to provide a more comprehensive analysis.

The price of £87,000 is significantly below the average price of houses in the area, however it is a shared ownership flat, therefore this is expected, the buyer should therefore be aware of the potential future costs associated with this. More information regarding the specific shared ownership terms and conditions, including the percentage share on offer and the overall value of the property, would assist in providing a better evaluation of the financial aspects of this purchase. The apartment’s size of 671.67 sq ft is reasonable for a two-bedroom property, but without a price per sq ft comparison for similar shared ownership properties in Leatherhead, it is challenging to fully determine the value for money. Overall, this apartment represents a potentially good value option for a first-time buyer or someone looking to get onto the property ladder in the Leatherhead area through a shared ownership scheme.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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