£98,000

This bright and well-presented one bedroom apartment is now available in Wallington, London through Shared Ownership.

The property on the ground floor comprises an entrance lobby with a stairwell leading to the apartment on the first floor. The apartment comprises a private entrance hall with built in storage, an open-plan living room/kitchen, a bedroom and a bathroom. Perfect for singles or couples.

Outside, the property benefits from a private balcony and communal grounds.

Available for £98,000 for 35% share based on the marketing figure of £280,000.

Monthly rent - £534.26
Monthly Service Charge - £150.40
Total Monthly Charge - £684.66 plus mortgage required for 35% 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

The property is located within a modern residential development on Hackbridge Road, conveniently positioned close to Wallington town centre, where a wide range of shops, amenities and transport links can be found.

A bus stop is situated directly outside the development, while Hackbridge train station is just a 7 minute walk away, providing Thameslink and Southern rail services. This makes the property particularly convenient for commuters.

For everyday needs, a supermarket, local post office, pub, restaurants and cafés are all within a 5 minute walk, offering both convenience and leisure right on your doorstep.

The area also benefits from several nearby recreational grounds and community spaces, including Hackbridge Community Garden and Beddington Park, providing plenty of space for outdoor activities, walks and relaxation.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 116

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.

How 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.