1 bedroom apartment for sale
42 Upper Tooting Park, Balham, SW17 7ST
Share percentage 50%, full price £410,000, £10,250 Min Deposit.
Share percentage 50%, full price £410,000, £10,250 Min Deposit.
Monthly Cost: £1,548
Rent £262,
Service charge £118,
Mortgage £1,168*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
This charming first-floor flat in Balham offers an inviting living experience
Description
SHARED OWNERSHIP
50% share: £205,000
Monthly rent: £262
Monthly service charge*: £118
Lease Term: 152 Years
Council tax Band: B
EPC rating: D
£410,000 (Full market value)
This charming first-floor flat in Balham offers an inviting living experience. The area is bustling with life and provides easy access to various amenities. The home boasts a bright and airy living area, perfect for relaxing or entertaining guests. The kitchen includes an integrated hob, cooker, fridge, freezer, and washing machine. The property features one spacious bedroom and a well-appointed bathroom. This home is an excellent choice for anyone looking to enjoy the vibrant lifestyle that Balham has to offer.
Disclaimer for viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. The vendor shall be hosting the viewing and so you name and contact number shall be shared for viewing day purposes only. Please do let us know if you do not wish for your contact number to be shared. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
Particulars
Tenure: Leasehold
Lease Length: 152 years
Council Tax Band: B
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £410,000, £10,250 Min Deposit. Calculated using a representative rate of 5.26%