£202,500

This bright and well-presented one bedroom apartment is now available in Worcester Park, Surrey through Shared Ownership.

The property on the first floor comprises an entrance hall, an open-plan living room and kitchen, one bedroom and a bathroom. Perfect for singles or couples.

Outside, the property also benefits from an allocated parking space.

Available for £202,500 for 75% share based on the marketing figure of £270,000.

Monthly rent - £187.11
Monthly Service Charge - £185.94
Total Monthly Charge - £373.05 plus mortgage required for 75% 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 the popular Hamptons Development conveniently local to amenities and Worcester Park town centre.

The location offers excellent transport links, with the A3 and A24 reachable in approximately 11 minutes by car. Worcester Park station is nearby, providing regular South Western Railway services into London and surrounding areas.

Worcester Park High Street is just a 17 minute walk or a short 5 minute drive away, offering a selection of shops, supermarkets, cafés and restaurants to cater for everyday needs.

In addition, there are several green spaces and recreational parks within a convenient 4-10 minute walk, making it ideal for leisure and outdoor activities.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 974

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.