keaze logo

Radius

Shared ownership

161-171 Burlington Road, New Malden, KT3 4BF

For salenew home
Shared ownership
Photo of Radius
Live from space album cover
  • from

    £129,500

    2 bedroom

from

£120,750

with min. deposit

£6,038

Paragon Asra Housing

£129,500

2 bedroom flat

£129,500

2 bedroom flat

£131,250

2 bedroom flat

£131,250

2 bedroom flat

Availability

For sale

For sale

For sale

For sale

Minimum share

35%

35%

35%

35%

Full market price

£370,000

£370,000

£375,000

£375,000

Deposit from

£6,475

£6,475

£6,563

£6,563

Monthly rent

£551

£551

£559

£559

Monthly service charge

£130

£130

£130

£130

Bedrooms

2

2

2

2

Bathrooms

1

1

1

1

Reception rooms

1

1

1

1

Number of floors

1

1

1

1

Entrance floor

2nd floor

2nd floor

3rd floor

3rd floor

Tenure

leasehold

leasehold

leasehold

leasehold

Property features

Off street parking
Off street parking
Off street parking
Off street parking

Overview

A new development of 52 homes including 31 stunning modern one and two bedroom shared-ownership apartments and some duplex apartments. New Malden offers easy and convenient access to the city, the country, the coast and further afield.

Choose a home at Radius and you won’t need to compromise on your wish list. Whatever your priority, we’ve got your dream home covered.

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

£120,750

with min. deposit

£6,038

Similar properties

34 Apsley Quay
Shared ownership

34 Apsley Quay

new home

34 Regents House, Hemel Hempstead

2

1

Minimum deposit

£4,313

25% Share from

£86,250

Full price

£345,000

Roan Place
Shared ownership

Roan Place

new home

Willoughby Road, Harpenden

1

1

Minimum deposit

£4,313

25% Share from

£86,250

Full price

£345,000

Garden Road (Ref: 1155)
Shared ownership

Garden Road (Ref: 1155)

Sale under offer

Richmond TW9 4NR, Richmond

1

1

Minimum deposit

£6,038

35% Share from

£120,750

Full price

£345,000