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2 bed flat for sale

£97,500 Shared ownership

High Street, Sutton SM1

2 2

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 8115 7693 * or

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Property features

  • Underground parking

Property description

Show flat available for viewings from June 2017

Plot 102 is a 76.92 sq m two bedroom first floor apartment with a 4.9 sq m balcony, ensuite to master bedroom and parking.

Full Market Value: £390,000
Minimum Share Available: 25%
Asking Price at 25%: 97,500

Monthly Rent: £670.31
Monthly Service Charge: £192.24

Minimum Income required*: £52,000
*Based on an assumption of a 10% deposit, mortgage interest at 3.89%, 25 years term, no o/s credit card balances or loans and one child/dependant.

Charlotte House - Sutton
Sutton offers fast, direct trains to London Victoria, London Bridge and St Pancras International with the fastest train to Victoria taking just 25 minutes.

From Sutton mainline station, less than a mile away, there are regular services to London Victoria which take around 29 minutes. The nearest tube stations are Morden, approximately two miles away, and South Wimbledon less than three miles away, both on the Northern Line.

Sutton Common mainline station, approximately 1/3 mile away, .Provides frequent rail services to London Blackfriars (45 minutes) Farringdon (53 minutes) and St. Pancras International (58 minutes). From Sutton Common to London Waterloo, the journey time is about 37 minutes and to Oxford Circus, 43 minutes. It’s possible to be in Canary Wharf from Sutton Common in just over an hour by rail.

The M25 is easily accessible from Sutton with fast links to the M3, M4 and M23 – and there are frequent day and night bus services in the area.

You may be eligible for this property if:
  • You have a gross household income of no more than £90,000 per annum.

  • You are unable to purchase a suitable home to meet your housing needs on the open market.

  • You do not already own a home or you will have sold your current home before you purchase or rent.
  • Floorplan(s): Floorplan 1

    View original

    Market activity
    Average price paid £365,884 Sales 531 Current average value £402,507 (Zoopla Zed-Index) Value change £12,389 ▲ 3.18%

    Property value data/graphs for SM1

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £645,046 £457 3.5 £535,499
    Semi-detached £514,245 £466 3.3 £469,019
    Terraced £411,464 £474 2.8 £399,218
    Flats £286,867 £466 1.8 £282,251

    Current asking prices in SM1

    Average: £353,489
    Avg. current asking prices in SM1
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses - £375,659
    (27)
    £437,235
    (42)
    £528,206
    (31)
    £591,625
    (4)
    Flats £253,415
    (57)
    £296,138
    (72)
    £325,000
    (5)
    - -
    All £253,415
    (57)
    £317,825
    (99)
    £425,295
    (47)
    £528,206
    (31)
    £591,625
    (4)

    Current asking rents in SM1

    Average: £1,133 pcm
    Avg. current asking prices in SM1
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £542 pcm
    (9)
    £1,284 pcm
    (5)
    £1,556 pcm
    (14)
    £2,201 pcm
    (1)
    £2,999 pcm
    (1)
    Flats £886 pcm
    (54)
    £1,244 pcm
    (63)
    £1,307 pcm
    (3)
    - -
    All £837 pcm
    (63)
    £1,247 pcm
    (68)
    £1,512 pcm
    (17)
    £2,201 pcm
    (1)
    £2,999 pcm
    (1)

    Fun facts for SM1

    Highest value in SM1
    Highest value streets Zed-Index
    Bridgefield Road £944,640
    Salisbury Avenue £904,796
    Cecil Road £896,434
    Landseer Road £784,693
    Rosebery Road £771,827
    Highest turnover in SM1
    Highest turnover streets Turnover
    Chester Close 80.0%
    Ashton Close 50.0%
    Manor Lane 50.0%
    Elmbrook Road 43.5%
    Saltash Close 41.7%

    What Zoopla users think of SM1

    Overall rating:

    • currently 4.5 stars
    Very good - 86% (192 ratings)

    Ratings breakdown:

    • currently stars
    Community & safety
    • currently stars
    Entertainment & nightlife
    • currently stars
    Parks & recreation
    • currently stars
    Restaurants & shopping
    • currently stars
    Schools & public services
    • currently stars
    Transport & travel

    Rate SM1:

    Tell us what you think of this area by rating these categories.
    Please note your vote will only be counted once.

    Community & safety
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Entertainment & nightlife
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Parks & recreation
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Restaurants & shopping
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Schools & public services
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5
    Transport & travel
    • currently stars
    • 1
    • 2
    • 3
    • 4
    • 5

    Nearby transport

    • Sutton Common (0.4 miles)
    • West Sutton (0.5 miles)
    • Sutton (London) (0.7 miles)
    • London Heathrow Airport (13.7 miles)
    • London City Airport (14.3 miles)
    • London Gatwick Airport (15.3 miles)
    • Kingston Town End Pier (5.5 miles)
    • Kingston Turks Pier (5.7 miles)
    • Ditton Island Ferry Landing (6.1 miles)

    Nearby schools

    View all schools in Sutton
    • Robin Hood Junior School (0.3 miles)
    • All Saints Benhilton CofE Primary School (0.3 miles)
    • Westbourne Primary School (0.4 miles)
    • Sutton College of Learning for Adults (0.5 miles)
    • Carshalton College (1.3 miles)
    • Orchard Hill College of Further Education (2.1 miles)
    • Sutton Grammar School (0.4 miles)
    • Homefield Preparatory School (0.6 miles)
    • Sutton High School (0.6 miles)
    Note: Distances are straight line measurements

    Local info for Sutton

    AskMe Q&A for Sutton

    Ask a question

    See all AskMe Q&A in Sutton

    For more information about this property, please contact
    Optivo - Charlotte House, SM1 on +44 20 8115 7693 * (local rate)

    Monthly running costs Beta

    £424 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 9,750
    Repayment term 25
    Interest rate 1.5
    Your payment £350 /mo How Much Could I Borrow

    These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

    Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    Home Insurance

    Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £14/mo (£165/yr)
    Compare insurance deals now In partnership with uSwitch
    Home insurance costs explained

    Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

    Source: Autonet Insurance Ltd

    Energy

    Gas £22 Electricity £38 Estimated energy cost £60/mo

    Similar properties could save up to £206

    How Much Could I Save? In partnership with uSwitch
    Energy costs explained

    The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

    Estimated consumption

    Gas: 7600 kWh/year
    Electricity: 2700 kWh/year

    Source: National Energy Efficiency Data Framework

    Contact Optivo - Charlotte House about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Optivo - Charlotte House, and do not constitute property particulars. Please contact Optivo - Charlotte House for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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