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£219,000
Bright, modern and spacious two-bedroom semi-detached house now available in Worcester Park, South London through Shared Ownership.
The property is located on the first floor and comprises of an open plan kitchen, a spacious reception room, and a modern bathroom.
The property also includes off street parking.
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £219,000 for 60% share based on the marketing figure of £365,000.
Monthly rent - £439.70
Monthly Service Charge - £170.43
Total Monthly Charge - £610.13 plus mortgage required for 60% share.
An annual rent increase takes place every April
LocationThe property sits in a family-friendly area offering excellent transport links, including a 10 minute walk to Worcester Park Station with trains to London Waterloo in under 30 minutes.
The area features several local supermarkets, gyms and healthcare facilities within a 15 minute drive and good access to schools. Residents can also enjoy green space in the local Mayflower park which is only an 8 minute walk away.
Local bus services and nearby Morden station provide access to the Northern Line, making it easier to get to London.
EPC rating- Energy rating band - B
- Environmental impact band - C
Years remaining on lease: 970
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.
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