£60,000

2 bed flat for sale
138 Brighton Road, Sutton SM2

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Unfurnished
  • Shared ownership
  • Leasehold

Red Loft - Resales

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About this property

  • Two-bedroom, second-floor apartment

  • Available through the Older Persons Shared Ownership scheme

  • Shares from 25%

  • Energy efficient home

  • Private balcony

  • Open plan kitchen/living area

  • Right to use parking next to the property

  • Kitchen fitted with electric oven, electric hob, and fridge freezer

  • Emergency call system

2-bedroom, second floor apartment available in Sutton through the Older Persons Shared Ownership scheme!

This well-presented two-bedroom, second-floor apartment in Sutton is available through the Older Persons Shared Ownership scheme and offers a fantastic opportunity to secure a comfortable and modern home in a convenient South London location.

Situated on the Brighton Road, the property features a bright and spacious living area with access to a private balcony, providing a pleasant space to relax. The kitchen is fitted with an electric oven, electric hob, and fridge freezer, offering everything needed for day-to-day living. Both bedrooms are well-proportioned, ideal for flexibility of use, whether as sleeping accommodation, a guest room, or additional living space. The apartment also benefits from a fitted bathroom and additional storage cupboards.

This building includes a video entry system and an emergency call system, as well as being situated next to a right-to-use parking area.

Key Features:

  • Two-bedroom, second-floor apartment
  • Exclusively for the over 55's
  • Shares from 25%
  • Energy efficient home
  • Private balcony
  • Open plan kitchen/living area
  • Right to use parking next to the property
  • Kitchen fitted with electric oven, electric hob, and fridge freezer
  • Emergency call system
  • Convenient Sutton location close to local amenities and transport links


Key Information
  • Tenure: Older Persons Shared Ownership
  • Available Shares from: 25%
  • Full Market Value: £240,000
  • Share Value (initial purchase) from: £60,000
  • Rent (on unsold equity): £640.11
  • Service Charge: £160.21 per month
  • Lease Length: 125 years
  • Council Tax Band: D
  • EPC Rating: B


Location

The property is ideally situated on Brighton Road in the popular London Borough of Sutton, offering a balance of suburban tranquillity and excellent local amenities. Nearby, residents can enjoy a range of shops, cafés, and green open spaces, while the wider town centre of Sutton provides a vibrant high street with supermarkets, restaurants, and leisure facilities. The property is well served by both rail and bus links, including Belmont railway station (1.5 miles) and Sutton Station (2.5 miles), providing regular Southern services on the Epsom Downs line, with connections through to London Victoria in around 30-minets.

Please note that this property has a restricted equity of 75% and 100% can never be owned. Applicants will only be accepted if over the age of 55 as this property is under the Older Persons Shared Ownership Scheme.

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More information

  • Tenure

    Leasehold (121 years)

  • Service charge

    £160 per month

  • Council tax band

    D

  • Ground rent

  • Ground rent date of next review

See all recent sales in SM2

Property descriptions and related information displayed on this page are marketing materials provided by - Red Loft - Resales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Red Loft - Resales for full details and further information.