Old Gas Works, Sutton, London, UK

Old Gas Works, Sutton, London, UK
Price on request
Listing ID: ID-606
June 26, 2015

Description

Prime location – 30 minutes from central London (29 mins to London Victoria)
Sutton is a leading borough for education
Sutton outperforms the price points of other locations with a similar central London commute, due to its status as one of London’s top ranking boroughs for education and quality of life.

Transport

  • Sutton is served by up to 14 trains an hour that connects the town with a number of key London transport hubs.
  • Gatwick is a 30 minute drive, Heathrow 40 minutes.
  • Sutton will be connected to the tram link extension and this will generate £500 million worth of additional economic value by unlocking development opportunities.
  • Once completed, it will connect Sutton town centre with nearby retail outlets.

Gas Works Scheme:

  • Comprising of 186 residential units in one building
  • The residential aspects of the Old Gas Works will feature shared garden and roof terrace areas for residents. The apartments themselves will feature recessed private balcony spaces looking out across the canopy of trees that will that will form part of the green corridor link across the High Street.
  • 1 beds starting at £264,000
  • Most expensive unit at £393,000
  • Units ranging from 589 sqft – 888 sqft
  • Average £450 psf
  • Average sq.ft – 800
  • Prices starting from £367,000
  • A large Sainsbury’s superstore and 26,000 sq.ft of additional retail space creating around 500 new jobs.
  • A new public square & development of green spaces creating a pedestrianised environment.
  • Sutton has shown a consistent rate of rental growth in recent years, with average rent on 1/2/3 bed properties up 16.7% since 2011.
  • Rental value for 2 bed apartments: £950-1,375 per calendar month.

Payment Plans:

  • Payment 1 – 50% – payable in the month following the date client signs sales and purchase agreement.
  • Payment 2 – 50% – On property completion

Location

Referral Agent - Sotheby's International Realty UK

Disclaimer for this property : Berkshire Hathaway HomeServices New York Properties is not the listing broker for this property. New York Properties will refer buyers to the listing broker who has provided the information appearing here. Listing broker will provide any further information about the property and negotiate any agreements for the purchase of the property. Any information appearing here was provided to New York Properties by the listing broker and has not been verified by New York Properties. Buyers should consult with their legal counsel or local real estate professional concerning the property and verify any information important to their buying or leasing decision prior to binding themselves to purchase or lease.

© 2018 - Dominic Longcroft Berkshire Hathaway Home Services
Privacy Policy & Terms of Use   |   Click here for my Housing Pledge | Sitemap