£102,000

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

The property features an entrance hallway, spacious open plan living room and kitchen, one bedroom, and one bathroom.

The property offers residents an allocated parking space.

Available for £102,000 for 30% share based on the marketing figure of £340,000.

Monthly rent - £572.21
Monthly Service Charge - £127.58
Total Monthly Charge - £699.79 plus mortgage required for 30% share.

An annual rent increase takes place every April

The property is located in the peaceful St George’s Grove development in Tooting. It offers a vibrant and well-connected lifestyle. Just a short walk away, residents can enjoy the bustling Tooting Market, Garrett Lane’s array of shops and cafés, and green spaces like Wandsworth Common and Tooting Bec Lido.

For daily essentials, nearby local supermarkets provide a variety, while fitness enthusiasts can access local gyms within a 10–15 minute walk. Healthcare needs are well covered with Springfield University Hospital just around the corner.

Transport links are excellent, with Tooting Broadway Underground Station and Earlsfield Railway Station within a 15-minute walk, offering swift access to Central London. Commute times to London Waterloo or Victoria are typically 25–30 minutes by train. Several bus stops are also within a 2–5-minute walk, easily connecting you to the surrounding areas.

Energy rating band - B

Environmental rating band - B

Years remaining on lease: 85

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.

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.