£56,000

Oval living unlocked with this fantastic one bedroom apartment

Full Price: £560,000
Shared Ownership 10%: £56,000
Deposit 5%: £2,800
Estimated Service Charge: £273
Monthly Mortgage: £268.15
Monthly SO Resi Payment: £840.00
Total Monthly Cost: £1,381.15

Step into this generously sized one-bedroom apartment at Oval Village, offering a perfect blend of comfort and sophistication. The open-plan kitchen, living, and dining area is flooded with natural light and opens onto your own private balcony or terrace. The kitchen is fully fitted with premium appliances, including a Siemens oven, induction hob, and integrated dishwasher, while the main bedroom features a built-in wardrobe for ample storage.

Enjoy the luxury of a modern bathroom with chrome fittings and a rain shower, plus the convenience of a Bosch washer/dryer in a dedicated storage cupboard. Residents benefit from access to landscaped gardens, lifts to all floors, and secure entry systems. Located in a vibrant neighbourhood with independent cafés, parks, and cultural hotspots like the South Bank and Borough Market nearby, this apartment is ideal for professionals or couples seeking a connected London lifestyle. Excellent transport links put the whole city within easy reach.

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 £56,000 for 10% share based on the marketing figure of £560,000.

Monthly rent - £840
Monthly Service Charge - £273
Total Monthly Charge - £1,113.00 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.