1 bed flat for sale

Richmond House, Worcester Park, Sutton KT4

This bright, modern, one-bedroom apartment is now available in Worcester Park through Shared Ownership.

The property on the second floor comprises an entrance hall, a spacious living room with an open-plan kitchen, a double bedroom, and a bathroom.

Outside, there is a private balcony, allocated underground parking and communal grounds. Perfect for couples or singles.

Available for £113,750 for 35% share based on the marketing figure of £325,000.

Monthly rent - £522.80
Monthly Service Charge - £220.81
Total Monthly Charge - £743.61 plus mortgage required for 35% share.

An annual rent increase takes place every April

Location

Living in Worcester Park is quite pleasant and friendly. The area has a nice mix of parks and shops, making it easy to find what you need. The parks are great for families, offering space for children to play and for people to walk or ride bikes.

The local shops have everything from groceries to clothes, so you won’t have to go far for your daily needs. Worcester Park also has good schools, which parents appreciate for their children’s education.

The transport links are also convenient, with trains and buses connecting to London and other places. Community events often happen in the area, bringing people together and creating a friendly atmosphere.

EPC rating

Energy rating band - B
Environmental impact band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.