£47,000

Modern Studio Living in the Heart of London

Full Price: £470,000
Shared Ownership 10%: £47,000
Deposit 5%: £2,350
Estimated Service Charge: £212
Monthly Mortgage: £225.06
Monthly SO Resi Payment: £705.00
Total Monthly Cost: £1,142.06

Key features
Private balcony or terrace
Fully integrated AEG and Grundig kitchen appliances
Concierge service
Exclusive on site gym available via optional paid membership
Childrens play area
Private landscaped courtyard and roof garden
Secure cycle storage
Excellent transport links

Discover contemporary city living at its finest with this stylish studio apartment at Oval Village. Perfectly positioned moments from the River Thames, Kennington Park, and the iconic Kia Oval Cricket Ground, this home offers unrivalled access to central London?s best attractions.

Enjoy a bright, open-plan living space with a high-specification, handle-less kitchen featuring engineered stone worktops, Siemens appliances, and a full-sized integrated dishwasher. The studio benefits from oak-effect laminate flooring, a sleek bathroom with rain shower, and a private terrace or balcony-ideal for relaxing outdoors.

Residents enjoy beautifully landscaped communal gardens, secure cycle storage, and the convenience of a Tesco superstore next door. With three stations within a 10-minute walk, commuting is effortless, making this the perfect base for work, study, or leisure in the capital.

How Shared Ownership Works
Shared Ownership at Oval Village makes home ownership more accessible. You start by purchasing a share of your home (between 10% and 75%), which means a lower deposit and smaller monthly mortgage payments. You pay rent on the remaining share, plus a service charge for building maintenance. Over time, you can buy additional shares, up to 100% ownership, making it flexible and manageable for your budget. You?re free to sell your share at any time if you decide to move on.

Disclaimer:
External images shown are CGI and for illustrative purposes only. Final layouts, finishes, and fixtures may vary.

Available for £47,000 for 10% share based on the marketing figure of £470,000.

Monthly rent - £705
Monthly Service Charge - £212
Total Monthly Charge - £917.00 plus mortgage required for 10% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Other information

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.