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Reed House

Shared ownership

Durnsford Rd, London, SW19 8GY

For sale
Shared ownership
Photo of Reed House
Live from space album cover

from

£124,500

with min. deposit

£6,225

30% Share from
£124,500
Full market price
£415,000
Minimum deposit
£6,225
Monthly rent
£665

2 bedroom flat

Bright, modern, and spacious one-bedroom apartment is available through Shared Ownership.

This second-floor apartment with lift access comprises an entrance hall with storage cupboards, an open-plan kitchen and reception room, two large bedrooms, and a bathroom.

The property, constructed circa 2010, also benefits from a private balcony with great views accessed via the reception room and an allocated off-street parking space. 

The property is located within a modern residential development of mostly similar properties close to Wimbledon in London.

The property is close to a range of local amenities including supermarkets, shops, and …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor2nd floor
Tenureleasehold

from

£124,500

with min. deposit

£6,225

30% Share from
£124,500
Full market price
£415,000
Minimum deposit
£6,225
Monthly rent
£665
SO Resi

SO Resi

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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