£168,750

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.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Located 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.

Energy rating band - C

Environmental impact band - C

Years 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.