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Albany Apartments KT3 (2)

Shared ownership

New Malden KT3 4NH, New Malden, KT3 4NH

For sale
Shared ownership
Photo of Albany Apartments KT3 (2)
Live from space album cover

from

£164,500

with min. deposit

£8,225

35% Share from
£164,500
Full market price
£470,000
Minimum deposit
£8,225
Monthly rent
£554
Monthly service charge
£146.79

2 bedroom flat

This spacious third floor, two bedroom home in New Malden, benefits from great transport links. Located on Burlington Road, residents are situated moments from Raynes Park and Motspur Park mainline station, both of which provide only a half an hour journey to Central London. The apartment is also minutes from the A3, a major road connecting the City of London and Portsmouth passing close to Kingston upon Thames, Guildford, Haslemere and Petersfield.

The property is just a short commute from a range of parks and green spaces such as Wimbledon Common and  Richmond Park.

With Wimbledon and Kingston upon Thames on its doorstep, Albany House is …

Features

Balcony

Lift access

Communal Garden

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statuspart-furnished
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years123

from

£164,500

with min. deposit

£8,225

35% Share from
£164,500
Full market price
£470,000
Minimum deposit
£8,225
Monthly rent
£554
Monthly service charge
£146.79
SO Sales

SO Sales

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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