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£115,500
This bright, modern, well-decorated two-bedroom apartment is now available in Wallington through Shared Ownership.
The property on the third floor comprises an entrance hall with a storage cupboard, a spacious living room with an open-plan kitchen, two good-sized bedrooms, and a bathroom.
Outside, there is a private balcony and underground allocated parking. Perfect for couples and small families.
Available for £115,500 for 35% share based on the marketing figure of £330,000.
Monthly rent - £625.99
Monthly Service Charge - £183.64
Total Monthly Charge - £809.63 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located in Hackbridge, London, and is close to various local amenities, including supermarkets, shops, and restaurants. Several schools, recreational grounds, and parks, including Beddington Park, are within walking distance of the property. Hackbridge train station is roughly a 5-minute walk from the property and offers connections to central London.
Lease informationYears remaining on lease: 117
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.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.