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%.

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SO Resi Colliers Wood, 2-3 bed homes


High Street Colliers Wood, Colliers Wood, Merton, SW19 2HR

Shared ownership

Starting prices

25% share from
£132,500
Full price
£530,000
Minimum deposit
£13,250
Monthly rent
£911
Monthly service charge
£177

Overview

Designed to exacting standards and suited to the demands of a busy metropolitan lifestyle, this collection of two and three bedroom SO Resi homes is ideally positioned in the centre of Colliers Wood.

From here you can enjoy easy access to everything this thriving area has to offer, as well as fast and frequent transport connections into central London. With the expansive green spaces of Richmond Park and Wimbledon Common close at hand, these well appointed apartments are part of an exclusive new development that is ideal for those looking for a home in a friendly and popular local neighbourhood.

All of the homes at So Resi Colliers Wood feature a high specification throughout including private outside space, a fully integrated Italian kitchen, carpeted bedrooms, ensuites in most of our apartments and underfloor heating.


Local area information

Everything is already in place to enjoy a contemporary lifestyle in delightful surroundings. A twist of the past is ever-present as the River Wandle gently courses between the sites of 17th and 18th century mill buildings that originally brought the area to prominence. One of the most significant, Merton Abbey Mills, is now a colourful artisan food and crafts market, with a traditional pub, summer theatre programme and venue for the annual Abbeyfest music event. Colliers Wood has two extensive retail hubs – the Tandem Centre and Priory Retail Park – together with a large supermarket complex. Home to High Street brands like Marks & Spencer, Sainsbury’s, Next and Mothercare, the area also hosts an array of independent stores, from Moose Cycles to Honey Boo hair design. There are also plenty of places to stay fit and active, including Virgin Active, Nuffield Health & Fitness, YourZone45 and Wimbledon Leisure Centre, with its large swimming pool and spa facilities. Affectionately known as “Collywood” by residents, there are excellent local schools and a new library has opened on the High Street. The busy cafés, pubs and restaurants dotted around Colliers Wood make it a destination in its own right, plus the Northern Line station is only metres from your front door – offering easy connections into and out of London.


Plot availability

Plot number 206
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £135,000
Full market price £540,000
Monthly rent £506
Monthly service charge £192
Ownership Leasehold

FAQ's

Min share price from: £135,000 for a 25% share
Full price from: £540,000
Minimum deposit from: £13,250
Monthly rent from: £506
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £135,000 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

SO Resi
Shared ownership

Starting prices

25% share from
£132,500
Full price
£530,000
Minimum deposit
£13,250
Monthly rent
£911
Monthly service charge
£177