Springfield Drive, London
FE

Springfield Drive, London

By Felicity J Lord Land New Homes

£ 116,250

Reviews

2 out of 5 stars

Felicity J Lord Land New Homes says ..

Felicity J Lord are excited to present, Springfield Mews, a collection of Shared Ownership apartments in the heart of a vibrant new village community in Tooting Bec. Our LAST remaining two, One Bedroom apartments, a 25% share for £116,250

Property Oracle says ..

This one-bedroom, one-bathroom apartment is located in the Wimbledon Park area of Merton, London. The listing highlights its modern condition, and the photographs depict a well-maintained and newly built, or recently renovated, space. The interior showcases contemporary finishes and furnishings, suggesting a move-in ready property. The location benefits from proximity to several train stations, making commuting relatively straightforward. Nearby schools provide further advantages for families. However, a significant limitation is the absence of a garden, and importantly, this property is offered as a 25% shared ownership, meaning the buyer does not own the entire property outright. This factor significantly impacts the property’s overall appeal, especially to those seeking a larger, independent property. The price point is attractive, but in line with similarly sized shared ownership apartments in the same area. Potential buyers should carefully assess the implications of shared ownership, considering factors such as service charges and the possibility of future staircasing to increase their share. While the internal condition and location are high points, the lack of outdoor space and the shared ownership aspect must be carefully considered during the decision-making process.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
710.42

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,086,571.00 £
Increased by 11.27 %
from 976,539.00 £
Est sale value
1,120,332.34 £
Increased by 46.15 %
from 766,543.18 £
Average area rental value
3,187.00 £/mo
Increased by 1.89 %
from 3,128.00 £/mo
Est letting value
2,841.68 £/mo
Increased by 33.33 %
from 2,131.26 £/mo
Est rental Yield
3.52 %
Decreased by 8.33 %
from 3.84 %
Crime Rate
28.00 %
Unchanged by 0.00 %
from 28.00 %

Agent Activity

  • Felicity J Lord Land New Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Nightingale Community AcademyAcademy Special Sponsor LedRequires improvement0.23 KM
Wandsworth Hospital And Home Tuition ServicePupil Referral UnitOutstanding0.25 KM
Ernest Bevin CollegeCommunity SchoolRequires improvement0.44 KM
Finton House SchoolOther Independent School0.71 KM
Fircroft Primary SchoolCommunity SchoolGood0.78 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Springfield Drive £ 146,97500.00 KM
Bramble Mews £ 151,25000.00 KM
Saint Anthony's Close £ 502,14300.00 KM
St. Anthony's Close £ 000.00 KM
St. Hilda's Close £ 450,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wandsworth Common5395WSW1.23 KM
Earlsfield5584EAD1.80 KM
Balham5399BAL2.19 KM
Haydons Road5289HYR2.41 KM
Tooting5389TOO2.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Springfield Drive, London £ 162,750BUY6 / 100.00 KM
Springfield Drive, London £ 116,250BUY5 / 100.00 KM
Springfield Drive, London, SW17 £ 450,000BUY6 / 100.07 KM
St Anthonys Close, Tooting, SW17 £ 500,000BUY7 / 100.12 KM
St. Anthony's Close, College Gardens, London, SW17 £ 575,000BUY8 / 100.12 KM

Nearby Properties

AddressPriceDistance
129 College Gardens £ 415,0000.04 KM
93 College Gardens £ 215,0000.04 KM
89 College Gardens £ 190,0000.04 KM
123 College Gardens £ 730,0000.04 KM
95 College Gardens £ 110,0000.04 KM