Mollison drive, Wallington, London, SM6

Bright and well-presented one bedroom apartment now available in South London through Shared Ownership.

The property on the ground floor comprises an entrance hallway, living/kitchen area, one bedroom and a bathroom. Perfect for singles or couples.

Outside, the property also benefits from an allocated parking space.

Available for £84,000 for 40% share based on the marketing figure of £210,000.

Monthly rent - £336.14
Monthly Service Charge - £126.11
Total Monthly Charge - £462.25 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is situated in a residential area with convenient access to a wide range of local amenities. The local High Street is within a 12-15 minute walk or a short 3-minute drive, offering a range of shops, supermarkets, cafés, and restaurants.

There are plenty options for your everyday needs and groceries including a convenient store only a 9 minute walk away and several larger supermarkets within a 9 minute drive including a large Morrisons, Costco and WingYip.

There are good transport links close at hand, with the nearest bus stops just a 1-5 minute walk away. Wallington and Waddon train stations can be reached in around 6 minutes by car, providing Southern rail services with journeys to Central London in approximately 26-43 minutes.

The area also benefits from easy access to several large parks and recreational grounds including Mellows Park, Roundshaw Downs and Purley Way Playing Fields which offers plenty of space for leisurely walks and outdoor activities.

In addition, there are several primary schools within a 12 minute walking distance or 2-7 minute drive. Perfect for families with young children.

EPC rating

Energy rating band - C

Environmental impact 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.