1 bedroom apartment for sale
42 Upper Tooting Park, SW17 7ST
Share percentage 50%, full price £380,000, £19,000 Min Deposit.
Share percentage 50%, full price £380,000, £19,000 Min Deposit
Monthly Cost: £1,349
Rent £271,
Service charge £119,
Mortgage £959*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
1 bedroom flat in Upper Tooting Park
Description
*Shared ownership: Minimum 50% share* Nestled in the charming area of Upper Tooting Park, this delightful one-bedroom first floor converted flat offers a perfect blend of comfort and convenience.
The property comprises a spacious reception room, separate kitchen, and a large double bedroom. One of the highlights of the property is the high ceilings throughout, giving the property an airy feel.
Location is key, and this property does not disappoint. It is conveniently close to Balham station, Tooting Bec, and Wandsworth Common station, making commuting to central London a breeze. Additionally, the surrounding area offers a variety of local shops, cafes, and parks, perfect for leisurely strolls or enjoying a weekend brunch.
This flat is an excellent opportunity for first-time buyers or those seeking a rental investment in a vibrant and well-connected part of London. With its charming features and prime location, this property is sure to attract interest. Do not miss the chance to make this lovely flat your new home.
IMPORTANT NOTE
The property currently has a lease with 61 years remaining. The vendor will be extending the lease so the new owners will have a lease with 151 years remaining.
THE ADVERTISED PRICE IS FOR A 50% SHARE OF THE PROPERTY. PROSPECTIVE BUYERS WILL BE REQUIRED TO UNDERGO AN AFFORDABILITY ASSESSMENT AND THE MAXIMUM AFFORDABLE SHARE AMOUNT WILL BE OFFERED
Key Features
- One bedroom
- One bathroom
- First floor
- Converted building
- High ceilings throughout
- Close to Balham, Wandsworth Common and Tooting Bec stations
- Excellent location
Particulars
Tenure: Leasehold
Lease Length: 151 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: No
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: No
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: Enquire with provider
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 £380,000, £19,000 Min Deposit. Calculated using a representative rate of 4.59%
