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)

Park Road, 1 bed homes


Park Road, Merton, Tunbridge Wells, SW19 2BD

Shared ownership

Starting prices

75% share from
£225,000
Full price
£300,000
Monthly rent
£159
Monthly service charge
£98

Overview

Full Description

One bedroom flat available through our Shared Ownership Scheme

Available for £225,000 for 75% share based on a market value of £300,000
SO Resi Monthly Payment - £159.38
Monthly Service Charge - £98.35
Total Monthly Charge - £257.73 PLUS MORTGAGE REQUIRED FOR 75% SHARE

A well presented first floor flat for sale. The accommodation comprises of private entrance hall, bathroom with
wc, bedroom, reception room and kitchen. Outside there are well-kept communal grounds and areas, including
bin and bike stores. The property also benefits from double glazing and gas fired central heating.

Located within a modern residential block of similar properties, with public transport and facilities nearby at
Colliers Wood. (Including night tube and bus). Good access to A24.

Property Details

Entrance Hall
Fitted storage cupboard

Bathroom with wc
Three piece white suite
Shower over bath

Bedroom
3.13 x 3.59
Fitted cupboard

Reception room
3.03 x 4.78

Kitchen
2.42 x 2.57
Good range of units
Cooker
Gas hob
Integrated fridge/freezer and washer/dryer

Outside
Well-kept communal grounds and areas
Including bin and bike stores
No allocated parking, though on street parking available via permit and/or paid for ticket.

All room dimensions approximate.

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 contact us for more information.




Local area information

Located within a modern residential block of similar properties, with public transport and facilities nearby at Colliers Wood. (Including night tube and bus). Good access to A24.
 


Housing Provider

SO Resi
Shared ownership

Starting prices

75% share from
£225,000
Full price
£300,000
Monthly rent
£159
Monthly service charge
£98