Available

£73,500

Sutton SM1 4FG, Sutton, SM1 4FG
Share 30% / Full price £245,000 / Min deposit £7,350

Apartment
1 bedroom
1 bathroom

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Summary

Modern apartment in great location, private balcony and good length of lease.

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £90,000 or less
  • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

  • you're a first-time buyer
  • you used to own a home but cannot afford to buy one now
  • you're forming a new household - for example, after a relationship breakdown
  • you're an existing shared owner, and you want to move
  • you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Description

** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**

Shared Ownership

Full Market Value: £245,000

Share Value (30%): £73,500

Monthly Rent: £681.72

Service Charge: £290.31

Annual Ground Rent £100

Council Tax Band: C

125 year lease commenced Augst 2017 - 115 years remaining

EWS1 - EWS1 Certification is available for this property - (B1)

L&Q welcomes you to view this one bedroom, first floor apartment.

This bright and airy spacious apartment consists of a stylish dual aspect open-plan living area, with a contemporary kitchen, which includes integrated appliances. There is also a door to the private balcony which is great for rel;axing and entertaining. The double bedroom, which has a fitted wardrobe. A family bathroom, complete with a white three-piece suite, including a shower over bath completes the accommodation.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Sutton High Street offers an excellent range of dining and retail facilities, including St Nicholas Shopping Centre. The lovely Manor Park and The Warren Recreation Ground are within reach, as are Sutton and West Sutton stations.

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

To meet the requirements for this property we require as a guideline, a minimum household income of £48,761. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

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 June 2026.

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan
Local area information
Stations
Showing nearest stations
  • Sutton (London) Rail Station (0.2km)
  • West Sutton Rail Station (1.2km)
  • Carshalton Beeches Rail Station (1.5km)
  • Sutton Common Rail Station (1.6km)
  • Cheam Rail Station (1.8km)
  • Carshalton Rail Station (1.9km)
  • Belmont Rail Station (2.0km)
  • Wallington Rail Station (2.8km)
  • Hackbridge Rail Station (3.2km)
  • St Helier (London) Rail Station (3.3km)
L&Q Group
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.
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Monthly cost calculator
£73,500 Shared Ownership Resale Full price £245,000
Estimated monthly cost £1,364
£

How is this calculated?

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