245 Burlington Road, New Malden, Surrey, KT3 4NE
Listed 4 days ago · Merton
How the price compares
About this home
SHARED OWNERSHIP two bedroom apartment available to purchase at a 75% share of £384,375 with a minimum 5% mortgage deposit of £19,218.75. Shares available from 10% to 75%.
The Jewel Apartments at Sterling Place present an exceptional opportunity to purchase a brand-new home through Shared Ownership in one of South West London's most desirable and well-connected locations.
Situated within the landmark Sterling Place development, this impressive collection of one and two-bedroom apartments has been thoughtfully designed for modern living. Each home features bright open-plan living spaces, stylish contemporary kitchens with integrated Electrolux appliances, spacious bedrooms and private outdoor space in the form of a balcony, terrace or patio.
Sterling Place offers outstanding connectivity across South West London and beyond. New Malden railway station provides regular services to London Waterloo, making it an ideal location for commuters, while nearby road links offer easy access to Wimbledon, Kingston upon Thames, Richmond, Central London, the A3 and M25.
The development is surrounded by a selection of highly regarded local schools, making it attractive to both professionals and growing families. Nearby educational facilities include Raynes Park High School, Coombe Girls' School, Coombe Boys' School, Burlington Infant & Nursery School and Christ Church New Malden CofE School, together with further education opportunities available at Kingston College.
Residents will enjoy easy access to the vibrant amenities of New Malden town centre, renowned for its diverse restaurants, cafés and independent retailers. The popular destinations of Kingston, Wimbledon Village and Richmond are all close by, offering riverside dining, boutique shopping, entertainment venues and leisure facilities. For those who enjoy the outdoors, Richmond Park, Wimbledon Common and Bushy Park provide acres of open green space for walking, cycling and recreation.
Each apartment is finished to a high specification, including: • Audio visual entry system • Fibre broadband connectivity • USB and USB-C charging points • Stylish bathrooms and en-suite facilities to selected homes • Timber-effect flooring to living areas and carpeted bedrooms • Lift access to all floors • Secure fob-entry system with CCTV coverage • Landscaped communal gardens • Selected homes available with parking
Combining stylish new homes, excellent transport connections, sought-after schools and the best of South West London's lifestyle opportunities, The Jewel Apartments at Sterling Place offer the perfect place to call home.
Full Market Value: £512,500 75% Share Price: £384,375 Minimum deposit based on 75% share: £19,218.75 Rent on un-owned share £293.62 PCM Reservation fee: £500
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
There is a Council placed restriction for these properties, please call for more information.
*These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific.
**The matterport video is for information purposes only and of an example plot and isn't specific to this plot. The video may not represent a true likeness for the units being sold.
EPC and Council Tax Bands: New Build, to be determined
Agent Note Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Property details
- Property type
- Flat
- Size
- 767 sq ft / 71 sq m
- Council tax band
- TBC
- Tenure
- Leasehold
- Lease remaining
- 999 years left
- Service charge
- £3,131.05 per year
- Parking
- Yes
- Garden
- Yes
Floorplan
Location
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1 on this map
- Motspur Park Station0.3 mi
- Raynes Park Station0.7 mi
- New Malden Station0.8 mi
What nearby homes sold for
Median sold prices in KT3 over the last 12 months: terraced £650k · semi-detached £725k · flat £355k · detached £1.03m.
| Address | Type | Sold | Price |
|---|---|---|---|
| Flat 21, Venner House, 167 - 171, Burlington Road New Malden KT3 4BF | Flat Leasehold | 30 Jul 2026 | £195,000 |
| 63 Burlington Road New Malden KT3 4LP | Terraced Freehold | 10 Jul 2026 | £483,000 |
| Flat 2, Wilkinson Apartments, 271, Burlington Road New Malden KT3 4BG | Flat, new build Leasehold | 22 Jun 2026 | £404,500 |
| Flat 29, Wilkinson Apartments, 271, Burlington Road New Malden KT3 4BG | Flat, new build Leasehold | 16 Jun 2026 | £403,000 |
| Flat 38, Wilkinson Apartments, 271, Burlington Road New Malden KT3 4BG | Flat, new build Leasehold | 16 Jun 2026 | £382,000 |
| Flat 13, Rivulet Apartments, 289, Burlington Road New Malden KT3 4BS | Flat, new build Leasehold | 12 Jun 2026 | £355,260 |
| Flat 12, Rivulet Apartments, 289, Burlington Road New Malden KT3 4BS | Flat, new build Leasehold | 12 Jun 2026 | £364,560 |
| Flat 35, 289, Burlington Road New Malden KT3 4BS | Flat, new build Leasehold | 27 May 2026 | £535,000 |
| 91 Burlington Road New Malden KT3 4LR | Terraced Freehold | 27 May 2026 | £465,000 |
| Flat 22, Britannic House, 230, Burlington Road New Malden KT3 4NW | Flat Leasehold | 15 May 2026 | £220,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in KT3
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Gascoigne-Pees, Worcester Park on Rightmove (original listing). First listed 4 Nov 2026; details checked 7 Nov 2026. Latest change: added on 04/11/2026.
Agent disclaimer
Disclaimer - Property reference WEA260366. 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 Gascoigne-Pees, Worcester Park. 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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