2 bedroom apartment for sale
Wheatcroft Court, , SM1 3TT
Share percentage 50%, full price £260,000, £13,000 Min Deposit.
Share percentage 50%, full price £260,000, £13,000 Min Deposit.
Monthly Cost: £1,234
Rent £416,
Service charge £162,
Mortgage £656*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Sutton, London
Description
Modern, spacious two-bedroom apartment in Sutton, London. This property comprises two spacious, double bedrooms, an open plan lounge with a kitchen area that has balcony access, and a bathroom with WC.
Minimum income required: £48,299
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £130,000 for 50% share based on the marketing figure of £260,000.
SO Resi Monthly Payment - £415.53
Monthly Service Charge - £162.41
Total Monthly Charge - £577.94 plus mortgage required for 50% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Layout and dimensionsBedroom 1:
4.082m x 2.662m
Bedroom 2:
2.902m x 3.309m
Reception/Kitchen:
Reception Area:
3.677m (max) x 6.004m
Kitchen Area:
2.051m x 1.904m
Bathroom with WC:
1.02m x 2.006m.
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up-to-date information.
Key Features
- Two bedrooms
- Third floor apartment
- Balcony
- Entryphone system
- Close to local amenities
- Allocated parking
- Good transport links
- Available for 50% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £260,000, £13,000 Min Deposit. Calculated using a representative rate of 4.59%
