1 bedroom apartment for sale

>

1 bedroom apartment for sale

Flat 22, 89 Park Road, London
£195,000

Price History

Initial price £204,750
11/06/24 £195,000
Price Change -4.76%

Description

This modern second floor apartment is available for purchase with a 65% share from £195,000, offering a contemporary living space with a combined living and dining area and a fitted kitchen. The property comprises a double bedroom and a bathroom, situated in the vibrant area of Colliers Wood, London. Colliers Wood is well-connected with frequent public transport links to central London, including the Northern line, and is close to a variety of shopping and leisure facilities, including the Priory Retail Park and Tandem Centre, as well as the upscale shopping district in nearby Wimbledon and the unique Merton Abbey Mills. The apartment is also accessible to London's international airports and offers a range of local amenities and services. The property is suitable for shared ownership, with eligibility criteria for first-time buyers and those who do not own a property, with a combined mortgage and rent payment typically less than purchasing outright. The full market value is £300,000, with a 5% deposit required for the 65% share purchase, and the home comes with a 84-year lease and is in Council Tax Band C. Monthly service charges and rent are applicable, with an estimated service charge of £188.01 and rent for the unsold share at £293.79. The property can also be purchased outright for £300,000.