Festival Court, Sutton, Surrey, SM1
- PROPERTY TYPE
Flat
- BEDROOMS
2
- SIZE
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Key features
- Two bedrooms
- First floor
- Short walk to St Helier station
- Communal grounds
- Allocated parking space.
- 5% Deposit
- Available for 30% share
Description
Beautiful, spacious two-bedroom apartment in Sutton, London. The property is on the first floor and comprises one double bedroom, a second bedroom, a lounge area with a fitted kitchen and bathroom, and an entrance hall with a secure entry system. The property also benefits from communal grounds, secure bike storage, and allocated parking.
Minimum income required: £36,252
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £78,000 for 30% share based on the marketing figure of £260,000.
Monthly rent - £699.12
Monthly Service Charge - £261.93
Total Monthly Charge - £961.05 plus mortgage required for 30% share.
An annual rent increase takes place every April
Location
Good travel links with and within walking distance to St Helier and Sutton Common. Close to local shops and local amenities and Leisure centre.
EPC rating
Energy Rating Band - B
Environmental Impact Band - B
Layout and dimensions
Ground Floor:
Communal entrance lobby with staircase and lift
First Floor:
Private entrance hall with fitted storage/airing cupboards
Bedroom one:
3.19m x 3.19m
Bedroom two:
2.63m x 3.26m (maximum dimensions).
Bathroom with WC
Open plan kitchen/reception room:
5.45m x 3.02 plus 4.89 x 2.22m
Outside:
Communal grounds and areas including bin and bike stores. Allocated parking space.
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
177 years left
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Festival Court, Sutton, Surrey, SM1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Helier Station1.2 miles
- Sutton Common Station0.3 miles
- Morden South Station1.6 miles
About the agent
So Resi is the new brand for shared ownership homes by Metropolitan Thames Valley.
So Resi aims to improve understanding, change perception and increase awareness of shared ownership and break down the barriers to home ownership.
So Resi by Metropolitan Thames Valley is a not-for-profit housing association. We have helped create over 15,000 homes in London and the South-east because we want everyone to have a chance to build their lives from a good home.
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 80606_110945. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by So Resi, So Resi. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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