Reed House, Durnsford Road, Merton, London - 25% share (£103,750)

Full price: £415,000 The full value of the property

Share value: 25% - £103,750

Estimated monthly cost*: £1,173

Monthly Mortgage payment*: £520

SO Resi Monthly Payment: £465.59 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge: £188.53 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.

Years on lease: 113

A modern sixth floor flat in good condition available through So resi. The accommodation comprises of entrance hall, two bedrooms, bathroom with WC, living room with open plan kitchen. There is a balcony off the living room. Allocated parking space. The property has electric heating and double glazing.


Located within a modern residential development of similar properties. Mainline station available at Haydons Road. Underground at Wimbledon Park. Good access to A24 trunk road.


Key Features

  • Sixth floor flat
  • Two bedrooms
  • Good condition
  • Allocated parking
  • Double glazing and electric heating
  • Balcony off living room
  • Available on 25% shared ownership basis

Full Description

Two bedroom flat available through our Shared Ownership Scheme

Available for £103,750 for 25% share based on the marketing figure of £415,000

So Resi Monthly Payment - £465.59
Monthly Service Charge - £188.53
Total Monthly Charge - £654.12 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 1:
2.53 x 5.31
Fitted wardrobe

Bedroom 2:
2.49 x 4.01

Living room:
3.14 x 5.28

Kitchen area:
1.82 x 3.13
Good range of modern units
Electric hob
Fridge/freezer and plumbing for dishwasher

Private balcony off living room
Communal areas
Bin and bike store
Allocated parking space

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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