£73,500
1 bed flat for saleSutton, Sutton SM1
1 bed
1 bath
1 reception
About this property
Great location
Close to Public Transport
Close to Local Amenities
Private Balcony
Good Length of Lease
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
Shared Ownership
Full Market Value: £245,000
Share Value (30%): £73,500
Monthly Rent: £681.72
Service Charge: £290.31
Annual Ground Rent £100
Council Tax Band: C
125 year lease commenced Augst 2017 - 115 years remaining
EWS1 - EWS1 Certification is available for this property - (B1)
L&Q welcomes you to view this one bedroom, first floor apartment.
This bright and airy spacious apartment consists of a stylish dual aspect open-plan living area, with a contemporary kitchen, which includes integrated appliances. There is also a door to the private balcony which is great for rel;axing and entertaining. The double bedroom, which has a fitted wardrobe. A family bathroom, complete with a white three-piece suite, including a shower over bath completes the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Sutton High Street offers an excellent range of dining and retail facilities, including St Nicholas Shopping Centre. The lovely Manor Park and The Warren Recreation Ground are within reach, as are Sutton and West Sutton stations.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £48,761. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at June 2026.
Local Area Information
Sutton High Street offers an excellent range of dining and retail facilities, including St Nicholas Shopping Centre. The lovely Manor Park and The Warren Recreation Ground are within reach, as are Sutton and West Sutton stations.
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More information
Tenure
Leasehold (117 years)
Service charge
£290 per month
Council tax band
C
Ground rent
£100
Ground rent date of next review
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