£100,000
1 bed flat for saleCavendish Road, Merton, London SW19
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Modern appliances
High specification kitchen & bathroom
Bright open plan living & entertaining space
Hardwood floors & underwood heating
Private balcony
Stone's throw to tube (Northern Line), shops, & restaurants
Available for 25% share
5% minimum deposit only
This bright and modern 1 double bedroom apartment on the first floor of a seven-storey building, built in 2017, is now available in Colliers Wood through Shared Ownership.
The first floor can be reached via the secure communal entrance lobby by lift or stairwell. The first floor comprises a private entrance hall with built-in storage leading to the large kitchen/reception area, bathroom and spacious bedroom. There is also a private balcony that can be accessed via the kitchen/reception area.
Perfect opportunity for couples and first time buyers seeking urban and modern living.
Available for £100,000 for 25% share based on the marketing figure of £400,000.
Monthly rent - £1043.77
Monthly Service Charge - £379.22
Total Monthly Charge - £1,422.99 plus mortgage required for 25% share.
An annual rent increase takes place every April
Location
Living in Colliers Wood offers an excellent location with many local amenities and superb transport links to other parts of London. Conveniently situated next to Colliers Wood Underground Station, you can hop on the Northern Line and reach London Bridge in under thirty minutes.
The area boasts a variety of local shops and restaurants to suit diverse tastes. For everyday essentials, there's a large Sainsbury's nearby. Fitness enthusiasts will appreciate The Gym Group London Colliers Wood, which is just a short distance away.
Directly opposite the property is Wandle Park, an ideal spot for catching up with friends while enjoying a leisurely walk. Additionally, Colliers Wood is surrounded by several other green spaces, including the Colliers Wood Recreation Ground, which features a football pitch, tennis courts, and a children's play area.The Wandle Meadow Nature Park offers a serene environment for nature walks and picnics. The nearby Deen City Farm provides a unique urban farming experience, perfect for a family outing.
EPC rating
Energy rating band - B
Environmental impact band - B
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.
More information
Tenure
Leasehold (117 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review