Reed House


Full price: £395,000 The full value of the property

Share value: 40% - £158,000

Estimated monthly cost*: £1,388

Estimated Monthly Mortgage*: £791

SO Resi Monthly Payment: £418.94 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £176.71 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.

** Residents of a development pay this for maintenance of communal/external areas

Years on lease: 111

This well-presented apartment in Wimbledon Park,London is available for sale through the Shared Ownership Scheme.The accommodation comprises hallway, spacious living/kitchen area with access to a private balcony, two large bedrooms and modern bathroom. The property benefits from an allocated parking space.

- Minimum income requirement - £51,860

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%



Key Features

Two bedrooms
Fourth floor flat
Good condition
Electric heating
Private balcony
Allocated parking space
Close to local amenities in Wimbledon Park
Available for 40%

Full Description

A two bedroom fourth floor apartment located in Wimbledon Park available for sale through the Shared Ownership Scheme.
Available for £158,000 for 40% share based on the marketing figure of £395,000.

SO Resi Monthly Payment - £418.94
Monthly Service Charge - £176.71
Total Monthly Charge - £595.65 PLUS MORTGAGE REQUIRED FOR 40% SHARE.

The property comprises a two bedroom, purpose built fourth floor (described as ‘level 3’ on site) flat within an eight storey block containing 184 units.

The approximate gross internal floor area of the property is in the order of 56.2m².

EPC Rating

Energy Rating Band - D
Environmental Impact Band - D

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

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