2 bedroom apartment for sale
Aspects, SM1 4FD
Share percentage 50%, full price £260,000, £13,000 Min Deposit.
Share percentage 50%, full price £260,000, £13,000 Min Deposit
Monthly Cost: £1,116
Rent £419,
Service charge £41,
Mortgage £656*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
2 Bedroom Apartment
Description
SHARED OWNERSHIP
Full Market Value: £260,000
Share Value (50%): £130,000
Monthly Rent: £418.55
Service Charge: £40.71
Council Tax Band: C
125 year lease commenced November 2006 - 106 years remaining
EWS1 Certification is available for this block - A1 rating
L&Q welcomes you to view this two bedroom, sixth floor apartment.
Offered for sale is this well presented two bedroom sixth floor apartment. Accessed via a well kept communal entrance, there is a large, open-plan kitchen/living/dining space. There are two double bedrooms, in addition to a contemporary family bathroom.
Throwley Way is a bustling street lined with a variety of businesses and amenities. Nearby establishments include Kwik Fit, Manor Park Cafe, Melville Cars, Waterstones, Pret A Manger, and Throwley Yard Cinema .
The area is well-connected by public transportation. Sutton railway station, located less than a 10-minute walk from Throwley Way, offers frequent services to central London, including direct links to London Victoria and London Bridge. Additionally, several bus routes serve the area, providing easy access to surrounding neighbourhoods and attractions.
For educational institutions, Sutton Grammar School is situated nearby. Established in 1899, the school has a long-standing reputation for academic excellence and is located between Throwley Way and the High Street.
In terms of leisure and green spaces, Manor Park is directly opposite Sutton Grammar School, offering recreational facilities and a pleasant environment for outdoor activities.
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 £42,385. If you are offered the home, 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 www.lqhomes.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 April 2025.
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
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 - Allocated
Outside Space/Garden: n/a - Communal Garden
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 50%, full price £260,000, £13,000 Min Deposit. Calculated using a representative rate of 4.59%