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Oak Lodge, Talbot close, Mitcham, CR4 1FF

  • 1 Bedroom
  • 40% share available
  • Call 0203 815 1234 to book your appointment.

Third floor, one bedroom home in the London borough of Merton for £108,000 40% share of £270,000 full market price, available through Shared Ownership.

Monthly Fees
Monthly Mortgage: £546.26
Monthly Rent: £265.25
NHHO Service Charge: £137.63
Ground Rent:£16.67
Council Tax: £108.75

Estimated Total (per month): £949.14 excluding council tax

 

£108,000 (40% share price of £270,000)

Key Features

  • Communal gardens

Ground floor
Entry phone system, passenger lift and stairwell.

Third floor
Bedroom, reception/kitchen, hallway, bathroom with WC.

External
Balcony

GIA
64 sq. m

Accessibility rating
A

EPC rating
C

Length of lease
93 years

Borough
Merton

Download floorplan 

Eligibility

You will need to be earning a guidance income of £34,804. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£10,800. Total approximate savings required £14,800.

Important borough specific eligibility criteria

Merton
Pan London prioirity will be given to applicants who live or work in the borough of Merton.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

 

Details correct as at 19/09/2018

Prices

Number of Beds 1
Full market price £270,000
Ownership 40% share available
Rent £265.250000 pcm
Guidance household income £34,804
Status Available Now
Service charge £137.63

Location and local area

Local Transport

National Rail

Mitcham Junction (1.9km)