1 bed flat for sale

Mollison Drive, Wallington, London SM6

Bright and cosy one-bedroom apartment now available in London, through Shared Ownership.

The property features an entrance hallway, a living room, a separate kitchen, one bedroom, and one bathroom.

The property is located on the ground floor and features a rear garden. The property also offers residents an allocated parking space.

Available for £63,750 for 25% share based on the marketing figure of £255,000.

Monthly rent - £507.54
Monthly Service Charge - £77.05
Total Monthly Charge - £584.59 plus mortgage required for 25% 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 - C

Environmental rating band - C

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.