Dillon Court

2 bedroom homes in Brighton Road, Long Sutton, Sutton, SM2 5FU

Tenure Shared ownership
What is Shared ownership?
Availability Available
Full price from £365,000
Min deposit from £6,388
Monthly rent from £544
Service charge from £134
Bedrooms 2
Bathrooms 1
Parking 1
Wheelchair accessibility Yes
Pets No

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Prices start from £127,750 for a 35% share or £273,750 for a 75% share. (Full market value £365,000.)

Only 7 two-bedroom apartments remain at Dillon Court, a beautiful new development made for homebuyers that are 60+ years of age.

Local area information

All apartments at Dillon Court have been designed with a modern specification including fully fitted kitchens with Bosch appliances and emergency pull-cord system. All homes are designed to be energy efficient ensuring all our homeowners with the comfort and conveniences of owning a brand-new home. Located a short 8-minute bus ride away from Sutton town centre which holds a thriving high street with the St Nicolas Centre shopping mall and an Empire Cinema, Dillon Court is positioned perfectly to allow our homeowners to enjoy the facilities of this sought-after town. However, if you would prefer a quiet afternoon at home Dillon Court provides a communal lounge and roof terrace. Just 3 miles away, the St Helier Hospital is located with a 24-hour A&E department and comprehensive diagnostic facilities.

Dillon Court is also well located with excellent train and road connections, making local, domestic and international travel effortless. With both Sutton and Belmont train stations located less than a mile from Dillon Court, travelling by train is a great option. Fast services will have you at London Victoria in just over half an hour and at London St Pancras in less than 45 minutes. The locale is also very well-served by buses, with over 20 routes in the nearby area, going as far as Wimbledon, Croydon, Epsom and Victoria, and there are three routes on Brighton Road itself.

For motorists, it's only a 15-minute drive from Brighton Road to the M25, or ten minutes to the A24 which goes north to South West London (from where Central London is easily accessible) and south to the seaside town of Worthing.

International travellers can choose between Gatwick, which is half an hour's drive away or an hour by train, and Heathrow, which is approximately a 45-minute drive or an hour and a half by train.

Status Plot No. Floor Beds Min share price Eligibility
Available 22 Second 2 £127,750 View details
Available 24 Second 2 £127,750 View details
Available 29 Second 2 £127,750 View details
Available 33 Second 2 £127,750 View details
Available 34 Third 2 £128,100 View details
Available 36 Third 2 £128,100 View details
Available 44 Fourth 2 £128,450 View details
View More

FAQ's

Min share price from: £127,750 for a 35% share
Full price from: £365,000
Minimum deposit from: £6,388
Monthly rent from: £544
Bedrooms: 2
Bathrooms: 1

There are 7 available ranging from £127,750 for a 35% share to £128,450 for a 35% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Dillon Court

2 bedroom homes in Brighton Road, Long Sutton, Sutton, SM2 5FU

Tenure Shared ownership
What is Shared ownership?
Availability Available
Full price from £365,000
Min deposit from £6,388
Monthly rent from £544
Service charge from £134
Bedrooms 2
Bathrooms 1
Parking 1
Wheelchair accessibility Yes
Pets No

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes