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)

Cedar House, 1 bed homes


Melliss Avenue, Richmond upon Thames, Richmond upon Thames, TW9 4BG

Shared ownership

Starting prices

45% share from
£146,250
Full price
£325,000
Monthly rent
£504
Monthly service charge
£164

Overview

Key Features

Ground floor flat
One bedroom
Good condition
Double glazing and gas fired central heating
Close to Kew
Available on 45% Shared Ownership basis
Full Description

One bedroom flat available through our Shared Ownership Scheme

Available for £146,250 for 45% share based on a market value of £325,000

So Resi Monthly Payment - £503.93
Monthly Service Charge - £164.06
Total Monthly Charge - £667.99 PLUS MORTGAGE REQUIRED FOR 45% SHARE

Please note that applicants that live/ work in the local authority of Richmond with be given priority.

Entrance Hall
Cupboard x 2

Kitchen
2.1m x 3.36m

Reception room
3.25m x 4.94m

Bedroom
Wardrobe
4.97m x 2.75m

Bathroom with wc
Three piece white suite
Shower over bath

Outside
Development grounds
No parking

EPC Rating
Energy Rating Band - B
Environmental Impact Band - B

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.


Local area information

The property also benefits from double glazing and gas fired central heating. Located within the Kew Riverside residential development of mixed properties close to Kew. Good access onto the A316, M3 and M4 motorways.


Housing Provider

SO Resi
Shared ownership

Starting prices

45% share from
£146,250
Full price
£325,000
Monthly rent
£504
Monthly service charge
£164