17 SUTTON COURT ROAD
Sutton SM1 4FG, Sutton, SM1 4FG
from
£95,375
with min. deposit
£9,538
1 bedroom flat
SHARED OWNERSHIP
Full Market Value - £272,500
You Pay (35%) - £95,375
Monthly Rent - £551.07
Service Charge - £196.67
Annual Ground Rent - £100
LEASEHOLD : 125 year lease commenced August 2017 - 119 years remaining
COUNCIL TAX BAND : C
NO PARKING
L&Q are carrying out a programme of remedial works and residents will not be asked to contribute towards costs.
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 …
Features
Balcony
Central heating
Double Glazing
Lift access
Communal Garden
| Bedrooms | 1 |
| Bathrooms | 1 |
| Reception rooms | 1 |
| Floor area | 49.4 |
| Number of floors | 1 |
| Entrance floor | 4th floor |
| Tenure | leasehold |
| Lease years | 119 |
| EER Current | 84 |
| EER Potential | 84 |
| EIR Current | 90 |
| EIR Potential | 90 |
| Key Information Document |
from
£95,375
with min. deposit
£9,538
L&Q
FAQs
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ
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