2 bedroom house for sale
Carroll Court, CR4 3GL
Share percentage 60%, full price £340,000, £20,400 Min Deposit.
Share percentage 60%, full price £340,000, £20,400 Min Deposit.
Monthly Cost: £1,685
Rent £393,
Service charge £262,
Mortgage £1,030*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Modern spacious apartment on attractive development
Description
SHARED OWNERSHIP
Full Market Value: £340,000
Share Value (60%): £204,000
Monthly Rent: £393.82
Service Charge: £261.83
Council Tax Band: D
125 year lease commenced August 2014 - 115 years remaining
Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However,we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
All rooms lead off the spacious hallway in this ground floor apartment. The dual aspect open plan living area/kitchen opens onto a private patio. Two double bedrooms and family bathroom complete the accommodation.
Carroll Court benefits from close proximity to amenities of Mitcham, while the green space of Mitcham Common is a short walk away. The green open spaces of Morden Hall Park are nearby and the closest rail links are Morden, Colliers Wood (Northern Line) and Mitcham Junction (National Rail). It is also a short walk to the tram with links to Croydon and Wimbledon.
The property is moments from local cafes, shops, bars and restaurants on Western Road. The area offers an array of recreational and lifestyle amenities, including parks, gyms, and a vibrant nightlife scene. With proximity to healthcare facilities, such as local hospitals, doctors' offices, and pharmacies.
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 £62,138 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 websitelqhomes.com 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 of June 2024.
Key Features
- Situated in the heart of Mitcham
- Exceptional transport links
- Close proximity to popular schools
- Communal gardens
- Unallocated permit parking
- Bike store
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Key Information DocumentMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 60%, full price £340,000, £20,400 Min Deposit. Calculated using a representative rate of 4.59%
