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17 Sutton Court Road

Shared ownership

Sutton Court Road, Sutton, SM1 4FG

For sale
Shared ownership
Photo of 17 Sutton Court Road
Live from space album cover

from

£151,250

with min. deposit

£15,125

55% Share from
£151,250
Full market price
£275,000
Minimum deposit
£15,125
Monthly rent
£384
Monthly service charge
£196.67
Annual ground rent
£100
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full Market Value - £275,000

You Pay (55%) - £151,250

Monthly Rent - £384.84

Service Charge - £196.67

Annual Ground Rent - £100

LEASEHOLD : 125 year lease commenced August 2017 - 119 years remaining

COUNCIL TAX BAND : C

NO PARKING

NO CHAIN

EWS1 - Certification Available B1 Rating

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 …

Features

Balcony

Central heating

Double Glazing

Lift access

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Floor area50.7
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years119
EER Current84
EER Potential84
EIR Current90
EIR Potential90
Key Information Document

from

£151,250

with min. deposit

£15,125

55% Share from
£151,250
Full market price
£275,000
Minimum deposit
£15,125
Monthly rent
£384
Monthly service charge
£196.67
Annual ground rent
£100
Reservation free
£500
L&Q

L&Q

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership 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

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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