Reed House, Durnsford Road, Merton, London - 25% share (£81,250)

Full price: £325,000 The full value of the property

Share value: 25% - £81,250

Estimated monthly cost*: £1,028

Estimated Monthly Mortgage*: £407

SO Resi Monthly Payment: £427.64 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £194.30 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.

** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.

Years on lease: 113

A modern second floor flat in good condition. The accommodation comprises of entrance hall with utility cupboard/plumbing for washing machine, bathroom with wc, bedroom and living room with open plan kitchen. There is a wrap-around balcony with access from the bedroom and living room. The property has double glazing and electric heating.


Located within a building of similar units conveniently close to local facilities. Mainline station available at Wimbledon. Underground at Wimbledon Park. Good access to A24 trunk road.


Key Features

  • Second floor flat
  • One bedroom
  • Wrap around balcony
  • Double glazing and electric heating
  • Available on 25% share

Full Description

One bedroom flat available through our Shared Ownership Scheme

Available for £81,250 for 25% share based on a market value of £325,000

So Resi Monthly Payment - £427.64
Monthly Service Charge - £194.30
Total Monthly Charge - £621.94 PLUS MORTGAGE REQUIRED FOR 25% SHARE

Property Details

Entrance Hall
Utility cupboard with plumbing for washing machine

Bathroom with wc
White suite
Shower over bath

Bedroom one
3.52 x 3.70m
Fitted wardrobe
Access to balcony

Living room with Open Plan Kitchen
5.54 x 4.40m
Living area has access to balcony
Open Plan Kitchen with good range of modern units
Appliances include: Electric hob, Cooker, Space for fridge freezer

Wrap around balcony
Communal areas
No allocated parking

EPC Rating

Energy Rating Band - C
Environmental Impact Band - C

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 refer to Resale Team for up to date information.

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