£195,000
A 1 bed shared ownership property available in Lambeth, London
Bright and spacious one-bedroom apartment now available in London through Shared Ownership.
The property features an entrance hallway, an open-plan living room and kitchen, one bedroom, and one bathroom.
The flat offers residents an allocated parking space.
Available for £195,000 for 50% share based on the marketing figure of £390,000.
Monthly rent - £804.21
Monthly Service Charge - £229.86
Total Monthly Charge - £1,034.07 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located in a prime position in the heart of Waterloo. Residents benefit from immediate access to Lambeth North Underground Station (1-minute walk) and Waterloo Station (9-minute walk), offering fast connections to Central London - Oxford Circus in under 10 minutes via the Bakerloo Line, Leicester Square in 4 minutes via the Northern Line, and Canary Wharf in 9 minutes via the Jubilee Line. The area is rich in cultural landmarks, including the London Eye, Southbank Centre, and IMAX cinema, all within walking distance.
The local neighbourhood offers a vibrant mix of amenities. Lower Marsh Market, just a few minutes away, features boutique shops, cafés, and independent retailers. Nearby local supermarkets are reachable within a 5–10 minute walk, while local gyms are also close by.
St Thomas’ Hospital is less than 10 minutes away, providing excellent healthcare access. Residents can enjoy green spaces like Jubilee Gardens and Archbishop’s Park, both reachable in under 10 minutes on foot.
EPC ratingEnergy rating band - C
Environmental rating band - D
Lease informationYears remaining on lease: 967
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.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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