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 %
- Est sale value
- 1,120,332.34 £Increased by 46.15 %
- Average area rental value
- 3,187.00 £/moIncreased by 1.89 %
- Est letting value
- 2,841.68 £/moIncreased by 33.33 %
- Est rental Yield
- 3.52 %Decreased by 8.33 %
- Crime Rate
- 28.00 %Unchanged by 0.00 %
Agent Activity
Felicity J Lord Land New Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Nightingale Community Academy | Academy Special Sponsor Led | Requires improvement | 0.23 KM |
| Wandsworth Hospital And Home Tuition Service | Pupil Referral Unit | Outstanding | 0.25 KM |
| Ernest Bevin College | Community School | Requires improvement | 0.44 KM |
| Finton House School | Other Independent School | 0.71 KM | |
| Fircroft Primary School | Community School | Good | 0.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Springfield Drive | £ 146,975 | 0 | 0.00 KM |
| Bramble Mews | £ 151,250 | 0 | 0.00 KM |
| Saint Anthony's Close | £ 502,143 | 0 | 0.00 KM |
| St. Anthony's Close | £ 0 | 0 | 0.00 KM |
| St. Hilda's Close | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wandsworth Common | 5395 | WSW | 1.23 KM |
| Earlsfield | 5584 | EAD | 1.80 KM |
| Balham | 5399 | BAL | 2.19 KM |
| Haydons Road | 5289 | HYR | 2.41 KM |
| Tooting | 5389 | TOO | 2.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Springfield Drive, London | £ 162,750 | BUY | 6 / 10 | 0.00 KM |
| Springfield Drive, London | £ 116,250 | BUY | 5 / 10 | 0.00 KM |
| Springfield Drive, London, SW17 | £ 450,000 | BUY | 6 / 10 | 0.07 KM |
| St Anthonys Close, Tooting, SW17 | £ 500,000 | BUY | 7 / 10 | 0.12 KM |
| St. Anthony's Close, College Gardens, London, SW17 | £ 575,000 | BUY | 8 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 129 College Gardens | £ 415,000 | 0.04 KM |
| 93 College Gardens | £ 215,000 | 0.04 KM |
| 89 College Gardens | £ 190,000 | 0.04 KM |
| 123 College Gardens | £ 730,000 | 0.04 KM |
| 95 College Gardens | £ 110,000 | 0.04 KM |