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Charlotte House

Shared ownership

303 Highstreet, Sutton, SM1 1AJ

For salenew home
Shared ownership
Photo of Charlotte House
Live from space album cover

from

£214,500

with min. deposit

£10,725

55% Share from
£214,500
Full market price
£390,000
Minimum deposit
£10,725
Monthly rent
£466
Monthly service charge
£243.2
Annual ground rent
£43.75
Reservation free
£250

2 bedroom flat

Highly sort after modern two bed 3rd floor apartment situated in the heart of Sutton.

This property contains a large high spec open plan kitchen, reception room, with a balcony providing vibrant views of the high-street.

There is a generous amount of storage space throughout the property. 

The two bedrooms also contain a bathroom each. 

There is onsite secure gated allocated parking.

This development has 2 rooftop gardens accessible to all residents and their guests.

 

Viewings by appointment only. Please note Social Distancing measures need to be followed. 

Application forms need to be returned to Optivo by 10th October 2022 

 Please note though …

Features

Balcony

Communal Garden

Enclosed Garden

Terrace

Off street parking

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statuspart-furnished
Floor area89
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years119
EER Current81

from

£214,500

with min. deposit

£10,725

55% Share from
£214,500
Full market price
£390,000
Minimum deposit
£10,725
Monthly rent
£466
Monthly service charge
£243.2
Annual ground rent
£43.75
Reservation free
£250
Optivo (Resales)

Optivo (Resales)

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

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

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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