5 Recovery Street
£185,000 for a 50% share
Property description
Just a short walk from Tooting Broadway Station and St Georges University hospital.
Property address
5 Recovery Street, Tooting, SW17 0DL
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £370,000
You pay (50%): £185,000
Monthly Rent: £428.78
Monthly Service charge: £235.94
Annual Ground Rent: N/A
Council Tax Band: C
125 Year lease commenced in July 2010 - 110 years remaining
EWS1 Certification is available - B2 rating - Leaseholders will not be asked to pay any remediation costs.
This well proportioned ground floor apartment consists of a bright and airy dual aspect open plan living area, a large bedroom and family bathroom.
The property is set in a fantastic location just a short walk from Tooting Broadway Station and St Georges University hospital. The convenient location allows easy access to Tooting High Street and the the many boutique shops, bars and eclectic mix of eateries it has to offer.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £60,041. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
*APPLICANTS MUST BE LIVING OR WORKING IN WANDSWORTH AND REGISTERED WITH THE LOCAL AUTHORITY HOMEBUY TEAM*
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2025.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £370,000 |
|---|---|
| Minimum Share Percentage | 50% |
| Minimum Share Value | £185,000 |
| Monthly Service Charge | £236 |
| Minimum Deposit | £18,500 |
The property is set in a fantastic location just a short walk from Tooting Broadway Station and St Georges University hospital. The convenient location allows easy access to Tooting High Street and the the many boutique shops, bars and eclectic mix of eateries it has to offer.
Others
- Central heating
- Double Glazing