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Dillon Court - Retirement Apartments

Shared ownership

Brighton Road, Sutton, SM2 5AU

For salenew home
Shared ownership
Photo of Dillon Court - Retirement Apartments
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  • from

    £82,500

    2 bedroom

from

£82,500

with min. deposit

£20,625

Redloft

£82,500

2 bedroom flat

£247,500

2 bedroom flat

Availability

For sale

For sale

Minimum share

25%

75%

Full market price

£330,000

£330,000

Deposit from

£20,625

£123,750

Monthly rent

£567

£1

Monthly service charge

-

£159

Reservation fee

£500

£500

Bedrooms

2

2

Bathrooms

1

1

Reception rooms

1

1

Furniture status

unfurnished

unfurnished

Floor area

67

67

Number of floors

1

1

Entrance floor

2nd floor

2nd floor

Tenure

leasehold

leasehold

Property features

BalconyOff street parking
BalconyOff street parking

Overview

Only ONE 2-bedroom apartment available to those 55 and over - register your interest to find out more.

Flat 33 can be found on the 2nd floor, is 67m2 and compromises 2 great sized bedrooms, a main bathroom, open-plan living and access to a private balcony. This property is available at a 25% or 75% share.

All apartments at Dillon Court have been designed with a modern specification including fully fitted kitchens with Bosch appliances and emergency pull-cord system. All homes are designed to be energy efficient ensuring all our homeowners with the comfort and conveniences of owning a brand-new home. Located a short 8-minute bus ride away from …

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.

from

£82,500

with min. deposit

£20,625

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