1 bedroom apartment for sale

Available

Fennel Court, 6 Station Road, SM2 6BH

£112,000 · Shared Ownership Resale

Share percentage 35%, full price £320,000, £11,200 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
£112,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £320,000, £11,200 Min Deposit.

Monthly Cost: £1,331
Rent £588, Service charge £175, Mortgage £568*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Spacious 1 Bedroom dual-aspect Flat with Balcony, Allocated Parking and fitted white goods

Description

Local information

This property is ideally located to give you the opportunity to explore all that the local area has to offer as well as being near all local amenities including great transport links to Central London, as well as fantastic takeaways and restaurants.

Sutton proudly boasts the title of the 6th busiest shopping hub, which includes a mile-long high street, so all your day-to-day needs are catered for. Belmont is the Suburbia of Sutton and has vast greenery and parks for you to visit. Belmont Park is a short walk away and has a ballpark, table tennis, and picnic benches.

The property is located on the Surrey border and is within walking distance of Banstead Common as well as Banstead Downs Golf Club.

Key Features

Open Plan kitchen living room

South Facing Balcony

Large Hall Storage

Allocated Parking Space

CCTV in entrance and Video Phone Entry

Lift

Secure Bike storage facility

52 sqm

5 min walk to station and bus stops

Dishwasher and other fitted white goods

Particulars

Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: Not specified

Map
Belmont (0.08 miles) Cheam (1.10 miles) Banstead (1.15 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 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.

£112,000
Shared Ownership Resale
Estimated Monthly Cost:£1,331
Rent £588
Service Charge £175
Mortgage £568

Share percentage 35%, full price £320,000, £11,200 Min Deposit. Calculated using a representative rate of 4.64%


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.