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)

Morrish Road, 2 bed homes


Streatham Hill, London, Lambeth, SW2 4EP

Shared ownership

Starting prices

25% share from
£102,500
Full price
£410,000
Monthly rent
£550
Monthly service charge
£140

Overview

Key Features

Two bedroom third floor flat
Good condition
Contemporary design
Double glazed
Space heating by electric vendors
Close to local amenities in Streatham Hill


Full Description

A two bedroom third floor flat located in Streatham Hill available through Shared Ownership Scheme.
Available for £102,500 for 25% share based on the marketing figure of £410,000.

SO Resi Monthly Payment - £549.7
Monthly Service Charge - £140.01
Total Monthly Charge - ££689.68 PLUS MORTGAGE REQUIRED FOR 25% SHARE
Minimum required Income - £37,282

The property has two bedrooms and two bathrooms. It is located on the third floor within a three storey purpose built residential development. Located in Streatham Hill, South West London, the property falls under the London Borough of Lambeth.

The property is also close to the South Circular Road and Kings Avenue, and benefits from having good public transport links nearby. A main line railway service runs from Streatham Hill station with the nearest underground at Brixton only 10 mins away.

The property is also close to the local shopping and recreational facilities within the area.

You can buy more shares for minimum of 10%

Ground Floor

Entryphone system to communal hallway and stairwell

Third Top Floor

Reception/Kitchen
3.116m x 7.148m.

Bedroom (1)
with En-suite shower room and WC
2.688m x 4.244m
En-Suite 1.398m x 2.651m

Bedroom (2)
2.414m x 5.239m.

Bathroom with WC
2.360m x 2.339m.

Externally
Balcony accessed from the Reception room

EPC Rating

Energy Rating Band - D
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

The property is close to local amenities - only 2 mins away from local shops, primary schools.The hospital is within 20 mins distance and the local gym is 10 mins away.

The area is well-served by transport links; all local bus routes are at the end of the road, only 10 mins bus ride to Streatham Hill Station, 15 mins to Brixton tube.


Housing Provider

SO Resi
Shared ownership

Starting prices

25% share from
£102,500
Full price
£410,000
Monthly rent
£550
Monthly service charge
£140