Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Batsford House, 1 bed homes


Durnsford Road, London, Merton, SW19 8GS

Shared ownership

Starting prices

30% share from
£96,000
Full price
£320,000
Minimum deposit
£4,800
Monthly rent
£154
Monthly service charge
£154

Overview

One bedroom flat available through the SO Resi Shared Ownership Scheme

Available for £96,000 for 30% share based on a market value of £320,000

SO Resi Monthly Payment- £462.20
Monthly Service Charge- £153.63
Total Monthly Charge- £615.83 PLUS MORTGAGE REQUIRED FOR 30% SHARE

Property Details

Entrance hall
Fitted airing/utility cupboard

Open plan kitchen/reception room:
5.32 x 6.92 (measured to approximate maximum width and length due to unusual shaped room)
Good range of modern units
Electric hob
Cooker
Integrated fridge/freezer

Bedroom:
3.47 x 3.67
Fitted cupboard

Bathroom with WC
Three piece white suite
Shower over bath

Outside:
Private wrap-around balcony accessed via reception area and bedroom.
Well kept communal grounds and areas, including bin and bike stores.
On street 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 contact us for more information.


Local area information

Located within a popular residential development close to local facilities. Station available at Haydons Road, with underground at Wimbledon Park. Good access to A24 trunk road.
 


Housing Provider

SO Resi
Shared ownership

Starting prices

30% share from
£96,000
Full price
£320,000
Minimum deposit
£4,800
Monthly rent
£154
Monthly service charge
£154