£175,000

This bright one bedroom apartment is now available in Tulse Hill through Shared Ownership.

The property on the second floor comprises an entrance hall with built in storage, a living room with a open plan kitchen, a double bedroom and a bathroom.

Outside, there is communal grounds and resident parking. Perfect for couples or singles.

Available for £175,000 for 50% share based on the marketing figure of £350,000.

Monthly rent - £496.74
Monthly Service Charge - £155.60
Total Monthly Charge - £652.34 plus mortgage required for 50% 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 locates just outside the district centre of Brixton, in a mixed residential area, and about 10 minutes away walking from Herne Hill station. The train travels from there to Victoria Station, in Central London, in about 10 minutes.

The apartment is close to both Brixton and Clapham, areas famous for the several multiethnic delicious restaurants and bars in the evening. Yet, the flat is also situated in a quite tranquil area, so the nightlife noises don't have much effect. All local amenities are nearby within walking distance.

Just minutes away walking, there is also the Brockwell Park, a wide green area.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 965

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.