Summary - Wandsworth Road, London , SW8 SW8 5HA
1 bed 1 bath Flat
Contemporary one-bedroom in One Nine Elms — 40% share with a 5% deposit option..
One-bedroom fifth-floor apartment with winter garden and large windows
Offered via Shared Ownership — 40% share available
Low minimum deposit: 5% of your share required
Monthly rent £332.80; monthly service charge £392.64
Service charge paid six months in advance to managing agent
Annual rent increase every April; shared-ownership resale rules apply
Long lease: 995 years remaining
Area flagged as very deprived despite low local crime
This bright one-bedroom apartment in One Nine Elms offers modern, manageable city living ideal for a first-time buyer. Set on the fifth floor, the flat includes an open-plan living room with integrated appliances, a winter garden, and large windows that maximise daylight. The building is under a year old and provides communal amenities such as a rooftop observation deck, gym, lounge and bike storage.
The home is offered through Shared Ownership (40% share) making it accessible with a low 5% minimum deposit. Annual rent is payable on the unsold share and increases each April; expect a monthly rent of £332.80 plus a monthly service charge of £392.64. The service charge is payable six months in advance to the managing agent.
Practical positives include a long 995-year lease, an air filtration system, good broadband and mobile signals, and excellent transport links. Notable considerations: this is a leasehold shared ownership scheme so you will pay rent on the unsold equity and be subject to the landlord’s allocation and resale rules. The local area shows high deprivation indicators despite low crime; prospective buyers should factor local services and affordability into their decision.
For someone seeking an affordable route onto the London property ladder, this apartment reduces the upfront cost and delivers contemporary fixtures in a new development. Speak to an independent financial adviser and solicitor to confirm mortgage availability for shared ownership and to review allocation and lease conditions.
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