
Charming Over-55s Investment Opportunity in Cheam
Sutton, Surrey, SM3 8QN, United Kingdom
Key Features
- A well presented two bedroom first floor apartment for the over 55s situated in a sought after modern development in the heart of Cheam Village, close to shops, restaurants, cafes and a short walk to Cheam BR station. With an open plan kitchen, living room and dining room and patio doors to private own balcony the area set within communal gardens, two double bedrooms, a large bathroom with shower and a fully fitted kitchen with integrated fridge and freezer, dishwasher, oven and hob, with ample built in storage cupboards in the hallway.
About This Property
Discover a welcoming two-bedroom first-floor apartment tailored for the over-55s in the heart of Cheam Village. This modern development offers a vibrant community and is conveniently located near an array of local amenities, including shops, restaurants, and cafes, with Cheam BR station just a short walk away. Step inside to an open-plan layout featuring a kitchen, living room, and dining room, with patio doors leading to your own private balcony. The property boasts two spacious double bedrooms, a large bathroom with a shower, and a fully equipped kitchen that includes integrated appliances for your convenience. Ample storage is available throughout, ensuring a clutter-free living space. Residents benefit from beautifully maintained communal gardens and a lounge area perfect for socializing or unwinding. This opportunity not only offers a peaceful environment but also significant potential for rental income, making it an ideal addition to your investment portfolio.
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Your mortgage
Monthly payment
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £13,280 | £0 | £318,720 |
| 2 | £13,280 | £0 | £305,440 |
| 3 | £13,280 | £0 | £292,160 |
| 4 | £13,280 | £0 | £278,880 |
| 5 | £13,280 | £0 | £265,600 |
| 6 | £13,280 | £0 | £252,320 |
| 7 | £13,280 | £0 | £239,040 |
| 8 | £13,280 | £0 | £225,760 |
| 9 | £13,280 | £0 | £212,480 |
| 10 | £13,280 | £0 | £199,200 |
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