Full price: £260,000 The full value of the property
Share value: 50% - £130,000
Estimated monthly cost*: £1,065
Estimated Monthly Mortgage*: £651
SO Resi Monthly Payment: £308.92 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £104.60 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 122
Spacious well-looked after apartment in Wallington available for sale through the Shared Ownership Scheme. The property comprises one large bedroom, one bathroom with shower over bath, modern open plan kitchen/living area with access to southerly facing good-sized balcony.
- Minimum income requirement - £41,750
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is close to local amenities in Wallington such as local Sainsbury's and Lidl with 5 minutes walking distance. There is a gym 10 minutes away from the property as well as a primary and high school within a 5 minute walking distance. Beddington Park is also 10 minutes walk from New Mill Quarter that offers 58 hectares of open space with fotball pitchers, tennis courts and many more. The property is also within walking distance to Hackbridge station and 15 minutes walk to Carshalton station that both offer direct trains to London Victoria. Mitcham junction train and tram station is also within walking distance and offer direct transport to Croydon City centre. Major bus routes including the 127 bus will take you directly at Tooting Broadway.
Third floor flat
One spacious bedroom - 52 Sq. Meters
Close to local amenities in Wallington
Available for 50% share
A one bedroom third floor apartment located in Wallington available for sale through the Shared Ownership Scheme.
Available for £130,000 for 50% share based on the marketing figure of £260,000.
SO Resi Monthly Payment - £308.92
Monthly Service Charge - £104.60
Total Monthly Charge - £413.52 PLUS MORTGAGE REQUIRED FOR 50% SHARE.
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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