£114,000
2 bed flat for saleMollison Drive, Wallington, Surrey SM6
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two-bedroom apartment
Ground floor
Allocated parking
Private patio
Available for 40% share
5% minimum deposit only
Bright and spacious two-bedroom apartment now available in Wallington, through Shared Ownership.
The property features an entrance hall, a living room, a kitchen, two bedrooms, and one bathroom.
The apartment is on the ground floor, offering residents a private patio and an allocated parking spot.
Available for £114,000 for 40% share based on the marketing figure of £285,000.
Monthly rent - £383.07
Monthly Service Charge - £141.59
Total Monthly Charge - £524.66 plus mortgage required for 40% share.
An annual rent increase takes place every April
Location
The property is located in a residential area, offering residents a variety of amenities. Local supermarkets and gyms can be found within a mile while families benefit from top-rated schools including Wilson’s School and St Elphege’s rc Junior and Infant Schools - all within a 5-minute walk.
Mellows Park is just 0.3 miles away, offering green space for relaxation and outdoor activities, while St Helier Hospital is a 10-minute drive for healthcare needs.
Wallington and Waddon train stations are both under a mile away, providing direct services to London Victoria in approximately 35 minutes. Several bus routes also serve the area, making travel across South London seamless.
EPC rating
Energy rating band - B
Environmental rating band - B
Other information
This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
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.
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More information
Tenure
Leasehold (111 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%