Lavender Walk Phase 3C

3 bedroom homes in Durand Close, Carshalton, Sutton, SM5 2DA

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £131,875 for 25% share
Full price from £527,500
Min deposit from £6,594
Monthly rent from £824
Service charge from £67
Bedrooms 3
Bathrooms 2

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

DON'T MISS OUT - LAST THREE BEDROOM HOME

Lavender Walk Phase 3C is a collection of three bedroom homes available through Shared Ownership. The new homes are part of a well established and sought after development situated in Carshalton, Surrey.

An ideal opportunity for first-time buyers, professionals and families alike, Lavender Walk, is only 30-minutes from London Victoria* by train – making it the perfect location for your new home.

Each home is designed and built to the highest standards, offering you a newly fitted kitchen, spacious bedrooms, and contemporary interiors. The development has been designed to create a community around outdoor green spaces. The surrounding area also features several parks and play areas for your enjoyment.

Key features: 

·        Excellent transport links, only 30-minutes to London Victoria*.

·        Within walking distance of Hackbridge station.

·        Located in a tranquil neighbourhood close to the River Wandle.

·        Ideally situated between the vibrant Croydon and Wimbledon.

·        Contemporary specification.

·        Plenty of outdoor green spaces.

·        Several excellent schools located nearby.

*Journey times are calculated from Hackbridge station, based on National Rail data at the time of writing.

To register your interest or for any other enquiries please contact the Customer Service Team – Sales on:-

T: 0300 100 0309

Please note:

All images displayed throughout are computer generated images for illustrative purposes only at this development and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.

Local area information

An ideal opportunity for first-time buyers, professionals and families alike, Lavender Walk, is only 30-minutes from London Victoria* by train – making it the perfect location for your new home.

Status Plot No. Floor Beds Min share price Eligibility
Available 109 Terrace House 3 £131,875 View details

FAQ's

Min share price from: £131,875 for a 25% share
Full price from: £527,500
Minimum deposit from: £6,594
Monthly rent from: £824
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £131,875 for a 25% 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.

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.

Lavender Walk Phase 3C

3 bedroom homes in Durand Close, Carshalton, Sutton, SM5 2DA

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £131,875 for 25% share
Full price from £527,500
Min deposit from £6,594
Monthly rent from £824
Service charge from £67
Bedrooms 3
Bathrooms 2

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