1 bedroom apartment for sale
Available
17 Sutton Court Road, SM1 4FG
£130,000 · Shared Ownership Resale

Share percentage 50%, full price £260,000, £13,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£130,000 Shared Ownership Resale

Share percentage 50%, full price £260,000, £13,000 Min Deposit.

Monthly Cost: £1,145
Rent £371, Service charge £214, Mortgage £560*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

£
Summary

One bedroom 2nd floor apartment with private balcony

Description

SHARED OWNERSHIP

Full Market Value: £260,000

You Pay (50%): £130,000

Monthly Rent: £371.41

Monthly Service Charge: £213.67

Ground Rent (per annum) : £100

125year lease commenced on August 2017 - 121 years remaining

EWS1 certfication is currently not available for this property

PLEASE NOTE: THERE IS NO PARKING

This apartment is located in the heart of Sutton with bothSutton mainline station and high street amenities less than a 5 minute walk away.
Sutton high street offers a wide range of shops and amenities including high street fashion shops, supermarkets Morrisons andAsda, and a range of restaurants.

In addition, the property is well situated for a number of well regarded schools, with Sutton High, Homefield Park and Robin Hood Infant and Junior Schools all nearby.

Sutton mainline train station provides regular commuter services into Central Londonincluding London Victoria, London Bridge, and London Blackfriars, whilst local buses provide around the clock access to Kingston Upon Thames, and London Heathrow airport.

The buyer will require a deposit to obtain a mortgage for this property.

This home is available to anyone that is affordable, meets theminimum household income requirement of £40,036and is able to raise a shared ownership mortgage. Buyers are required to buy the maximum share they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. Please ensure to keep a record of your unique registration number. Please visit our website www.lqhomes.comto register with us.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description, and do not form the basis of a contract. The descriptions, and all other information, are believed to be correct as at July2021.

Key Features
  • Living area open plan to kitchen with access to private balcony.
  • Kitchen fitted with cream base units and dark grey wall cupboards with walnut effect work surface. Integrated oven, hob, stainless steel extractor hood and fridge/freezer.
  • Double bedroom with fitted wardrobe.
  • Bathroom fitted with a white suite and shower over bath with glass shower screen.
  • Communal heating system.
  • Double glazed windows.
  • Entry phone system.
  • Communal grounds and areas, including bin and bike stores
Property Downloads
Floor Plan
Map
Sutton (0.10 miles) West Sutton (0.71 miles) Carshalton Beeches (0.94 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£130,000
Shared Ownership Resale
Estimated Monthly Cost:£1,145
Rent £371
Service Charge £214
Mortgage £560

Share percentage 50%, full price £260,000, £13,000 Min Deposit. Calculated using a representative rate of 3.09%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.