£222,500

SHARED OWNERSHIP

Full Market Value: £445,000

Share Value (50%): £225,500

Monthly Rent: £487.20

Service Charge: £210.71

Ground Rent: £200.00 PA

Council Tax Band: D

125 year lease commenced July 2003 - 103 years remaining

EWS1 - Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Make this home your own, enjoy a £500 Amazon Voucher on completion*

This spacious two bedroom apartment consists of an open plan living area with a semi-separate kitchen, which leads leads to private patio balcony. The kitchen is fitted with beech wall and base units and grey worktops and has an integrated oven, hob and extractor fan. There are two double bedrooms, the larger master having benefit of fitted storage. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. Additional storage is provided in two hallway cupboards.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Tooting Broadway is less than 10 minute's walk away offering a range of high street stores. Sainsbury's local is directly across the road from the development and there is a large Sainsbury's at Tooting Broadway station. If you like to keep fit, there is a fully equipped gym directly opposite the property. There is also a Post Office, corner shop, and public houses within half a mile of the development. Taking the Northern Line, it's just about 4 minutes to Balham and about six minutes to Wimbledon. Take the bus and underground to Morden; the journey is approximately 22 minutes while traveling to Oxford Circus from Tooting Broadway on the tubes takes approximately 25 minutes. If you want to get to London Bridge from Tooting Station, it's approximately 36 minutes by bus and train and the journey time to London Waterloo is around 30 minutes by rail. The area is served by several bus routes that travel to a wide variety of destinations including Streatham, Putney, Waterloo, and Brixton.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £63,476. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

*APPLICANTS MUST BE LIVING OR WORKING IN WANDSWORTH AND REGISTERED WITH THE LOCAL AUTHORITY HOMEBUY TEAM

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of September 2025.

*The £500 Amazon Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st October 2025, and then completes on the sale before 31st January 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.