1 bedroom apartment for sale
Trevelyan Road, Tooting, SW17 9LN
Share percentage 45%, full price £375,000, £8,438 Min Deposit.
Share percentage 45%, full price £375,000, £8,438 Min Deposit
Monthly Cost: £1,599
Rent £519,
Service charge £140,
Mortgage £940*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Tooting, London
Description
Bright and cosy one-bedroom apartment now available in Tooting, South London through Shared Ownership.
The property comprises of a wide and bright living room, with a modern open plan kitchen, a spacious bedroom and a bathroom. This is ideal for couples and single occupants.
The property is located on the first floor of a recent build construction (circa 2015).
Available for £168,750 for 45% share based on the marketing figure of £375,000.
Monthly rent - £518.87
Monthly Service Charge - £140.42
Total Monthly Charge - £659.29 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationLocated in the heart of Tooting, this property is just an 8 minute walk from Tooting Broadway station (Northern Line) and 10 minutes from Tooting Rail Station making it easier to commute to central London in just 25 minutes.
A variety of bus routes also serve the area, making access to surrounding areas and into central London easier and quicker.
The area is surrounded by local amenities, such as local supermarkets and green spaces like Tooting Gardens under 15 minutes on foot.
Residents also benefit from nearby gyms, GP surgeries and well-rated schools.
EPC ratingEnergy rating band - C
Environmental impact band - C
Lease informationYears remaining on lease: 88
In certain cases, 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
- Great transport links
- Central London in 30 minutes
- Modern building (2015)
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £375,000, £8,438 Min Deposit. Calculated using a representative rate of 5.03%
