1 bedroom apartment for sale
Mitford Court, St Georges Grove, SW17 0FZ
Share percentage 45%, full price £340,000, £7,650 Min Deposit.
Share percentage 45%, full price £340,000, £7,650 Min Deposit.
Monthly Cost: £1,387
Rent £389,
Service charge £126,
Mortgage £872*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Tooting, London
Description
This modern first-floor flat in St. Georges Grove, London, is available for sale through Shared Ownership.
The property comprises a spacious bedroom, one bathroom, an open-plan kitchen with wide living space, and an entrance hall. There is also an allocated parking space.
Available for £153,000 for 45% share based on the marketing figure of £340,000.
Monthly rent - £388.80
Monthly Service Charge - £126.48
Total Monthly Charge - £515.28 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe property is situated within the St George's Grove development between Earlsfield and Tooting.
All local amenities are nearby, including a convenient supermarket on the ground floor of the building.
There are several train stations all around the area, with Northern Line and District Line available, as well as railway lines. London Waterloo can be reached in about half an hour.
EPC ratingEnergy rating band - C
Environmental impact band - B
Gross internal floor area: 46 m²
Living room & kitchen: 5.28 x 4.52 m
Bedroom: 4.78 x 2.54 m
Years remaining on lease: 87
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- One-bedroom apartment
- Modern construction (2010)
- Supermarket at ground level
- Waterloo Station in 30 min
- Available for 45% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 45%, full price £340,000, £7,650 Min Deposit. Calculated using a representative rate of 5.26%
