1 bed flat for sale

Park Road, Wimbledon, London SW19

Bright and modern one-bedroom apartment now available in South London, through Shared Ownership.

The property features an open-plan living room and kitchen, one bedroom, and one bathroom.

The flat offers residents access to a shared garden area.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer

Available for £106,750 for 35% share based on the marketing figure of £305,000.

Monthly rent - £585.5
Monthly Service Charge - £152.11
Total Monthly Charge - £737.61 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

Location

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.

EPC rating

Energy rating band - C

Environmental rating band - C

Other information

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.

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.