2 Bed Flat For Sale

This bright and well-decorated two-bedroom apartment is now available in Wallington through Shared Ownership.

The property on the first floor comprises and entrance hall with storage cupboards, a spacious living room with a modern open plan kitchen, two good size bedrooms (one en-suite) and a bathroom.

Outside there is allocated parking and communal grounds. Perfect for couples and small families.

Available for £160,000 for 50% share based on the marketing figure of £320,000.

Monthly rent - £382.97
Monthly Service Charge - £134.68
Total Monthly Charge - £517.65 plus mortgage required for 50% share.

An annual rent increase takes place every April

The property is located in a residential area in Roundshaw, Wallington, in South London. There's a few facilities just around the corner, including a supermarket chain, with more shops and restaurants on the main street.

Wallington and Waddon stations are within walking distance and allow to reach Central London in less than an hour. There's also a bus station nearby which allows to reach the railway stations and Croydon town centre.

Energy rating band - C
Environmental impact band - B

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.

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.