£148,500
Est. Mortgage £743 per month*
1 bedroom flat for sale
Trevelyan Road, London
flat 
1 bedroom Property description
Shared Ownership
This superb modern home is available to buy from as little as with a £148,500 with a 45% share!
A beautifully presented one bedroom first floor apartment located in the heart of Tooting, close to amenities with access to a communal roof terrace . The apartment benefits from natural light throughout with accommodation comprising entrance hall with built in storage, bathroom, double bedroom, fitted kitchen and a living/dining room. The property is offered to the market with no onward chain complications.
The property is located in a residential area close to all local amenities including shops, pubs, restaurants, and cafes.
Tooting Broadway tube station is a 7-minute walk away and Tooting train station is roughly a 10-minute walk away. Tooting market and high street are also only a short walk from the property.
PRICING & AFFORDABILITY
Full Market Value: £330,000
45% Share Price: £148,500 (rent £518.87 pcm)
Minimum 5% Mortgage Deposit (45% share): £7,425
Approximate Service Charges: £140.42 pcm*
Shared Ownership Lease: approx. 88 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £330,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as with a £148,500 with a 45% share!
A beautifully presented one bedroom first floor apartment located in the heart of Tooting, close to amenities with access to a communal roof terrace . The apartment benefits from natural light throughout with accommodation comprising entrance hall with built in storage, bathroom, double bedroom, fitted kitchen and a living/dining room. The property is offered to the market with no onward chain complications.
The property is located in a residential area close to all local amenities including shops, pubs, restaurants, and cafes.
Tooting Broadway tube station is a 7-minute walk away and Tooting train station is roughly a 10-minute walk away. Tooting market and high street are also only a short walk from the property.
PRICING & AFFORDABILITY
Full Market Value: £330,000
45% Share Price: £148,500 (rent £518.87 pcm)
Minimum 5% Mortgage Deposit (45% share): £7,425
Approximate Service Charges: £140.42 pcm*
Shared Ownership Lease: approx. 88 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £330,000 and a purchaser would not need to meet the eligibility criteria listed above.
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First listed
Over a month agoEnergy Performance Certificate
Trevelyan Road, London
Marketed by
SOWN - National Crowthorne House, Nine Mile Ride Wokingham RG40 3GZCall agent on 023 8221 9179
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Monthly repayment
Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.
Trevelyan Road, London - Streetview
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