1 bed flat for sale

Fairbourne Road, Clapham, London SW4

This bright, charming, one-bedroom apartment is now available in South West London (Clapham) through Shared Ownership.

The property on the third floor comprises an entrance hall with storage, a spacious living room with a modern open-plan kitchen, one large bedroom and a bathroom.

Outside, there is a private balcony. Perfect for couples and singles.

Available for £112,500 for 25% share based on the marketing figure of £450,000.

Monthly rent - £977.43
Monthly Service Charge - £120.23
Total Monthly Charge - £1,097.66 plus mortgage required for 25% share.

An annual rent increase takes place every April

Location

The property sits in a tranquil residential area in Clapham, south of London, and is close to Clapham High Street and Brixton's town centre.

There are many travel links among railway, overground and underground, with the Northern Line, Victoria Line, and many bus lines available. Many areas of Central London can be reached in roughly half an hour.

The area also has many parks, such as Clapham Common, Brockwell Park and Wandsworth Common.

EPC rating

Energy rating band - B
Environmental impact band - B

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.

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.