Full price: £290,000 The full value of the property
Share value: 35% - £101,500
Estimated monthly cost*: £970
Estimated Monthly Mortgage*: £508
SO Resi Monthly Payment: £356.12 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: 88
The property is situated in Colliers Wood in a mix residential and commercial location. The property is situated on Park Road which is just off Colliers Wood High Street. Park Road is a sought-after location situated near to Tooting Broadway Tube and Colliers Wood tube (Northern Line), St Georges Hospital and a number of amenities along Tooting High Street.
A one bedroom ground floor flat located in Colliers Wood available through Shared Ownership Scheme
Available for £101,500 for 35% share based on the marketing figure of £290,000
SO Resi Monthly Payment - £410.48
Monthly Service Charge - £104.60
Total Monthly Charge - £515.08 PLUS MORTGAGE REQUIRED FOR 35% SHARE
Minimum required Income - £34,252
The property comprises a ground floor self-contained flat within a 3 storey purpose-built block built . The flat itself comprises one large double bedroom, bathroom and open plan kitchen and reception.
You can buy more shares for minimum of 10%Ground Floor
Kitchen: 2.44 x 1.89
Reception room: 3.71 x 3.83
3.11 x 3.24 plus fitted cupboard
Bathroom with wc
Outside: Communal grounds and areas, including bin and bike stores.
No allocated parking
Energy Rating Band -C
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.
Use our property search to find a home
Enquire with us to learn more and view properties
Complete an affordability assessment with an IFA
Reserve your property and start the buying process with us