2 bedroom apartment for sale
Charlotte House, 303 High Street, Sutton, SM1 1AJ
Share percentage 35%, full price £380,000, £6,650 Min Deposit.
Share percentage 35%, full price £380,000, £6,650 Min Deposit.
Monthly Cost: £1,620
Rent £685,
Service charge £251,
Mortgage £684*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
You may be eligible for this property if:
You have a gross household income of no more than £90,000 inner London/£80,000 outer London per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.
You are unable to purchase a suitable home to meet your housing needs on the open market.
Be a first time buyer, if you are indeed a current home owner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.
You live or work in the property’s area.
Viewings are by appointment only. Please note Social Distancing measures need to be followed. Please contact our Resales e-mail address at resales@optivo.org.uk for the vendors contact details.
If you would like to apply for this Resale property after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed application form to resales@optivo.org.uk Please be advised that the application form must be signed and the third party consent box ticked as we must have your third party consent to be able to send your application form over to one of our financial advisers should you be selected for the property.
All completed application forms need to be returned to Optivo ASAP - now on a first come first serve basis - you must have viewed the property.
Please note that the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property
Summary
Optivo are delighted to offer for sale this well-presented two-bedroom, two bathroom flat located on the first floor of a 11 storey building
Description
Approximate 10-minute walk to Sutton Station – fast trains to London Bridge, Victoria, Clapham Junction, Wimbledon and Gatwick.
Ample buses to Kingston, Wimbledon, Tooting, New Malden, Morden (tube).
Bustling High Street with pubs, restaurants and bars.
Choose from Sainsbury's, Asda, Lidl, Morrison's and M&S.
Spoilt for choice with green spaces including Nonsuch Park.
Ideally located for the Royal Marsden, Institute of Cancer Research and St Helier Hospital.
Full market value - £380,000
35% share available at £133,000
Current rent payable - £685.16
Monthly service charge - £251.28 (this includes a monthly ground rent of £43.75)
Lease term – 125 years from commencement date 01-01-2016 – 119 unexpired
EPC rating - B
Key Features
Double doors open onto a balcony and roof garden.
This flat comes with an allocated parking space in a secure parking garage.
Sutton Schools are amongst the highest performing in the country
Many gyms, including one just downstairs.
Approximate floor arear is 72m2.
Particulars
Tenure: Leasehold
Council Tax Band: Not specified
Property Downloads
BrochureMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £380,000, £6,650 Min Deposit. Calculated using a representative rate of 4.24%