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)

Stanley Road, 1 bed homes


Stanley Road, Merton, Merton, SW19 8RW

Shared ownership

Starting prices

30% share from
£114,000
Full price
£380,000
Minimum deposit
£5,700
Monthly rent
£422
Monthly service charge
£167

Overview

Full Description

A one bedroom purpose built flat available through our Shared Ownership Scheme

Available for £114,000 for 30% share based on a market value of £380,000

SO Resi Monthly payment- £421.84
Monthly Service Charge- £166.95
Total Monthly Charge- £588.79 PLUS MORTGAGE REQUIRED FOR 30% SHARE

A well presented one bedroom third floor purpose built flat in a convenient location. Theaccommodation comprises of private entrance hall, bathroom with wc, open plan kitchen/receptionroom and bedroom. Outside there are well-kept communal grounds and areas, including bin and bikestores. The property also benefits from double glazing and gas fired central heating.

Property Details

Private Entrance Hall
Two fitted storage cupboards.

Bathroom with wc
Three piece white suite. Shower over bath.

Open Plan Kitchen/Reception room
3.43 x 6.09 plus bay window.
Good range of modern units
Gas hob
Cooker
Integrated fridge/freezer.

Bedroom
2.71 x 4.30 (Measured to maximum width and length).
Fitted cupboard

Outside
Well-kept communal grounds and areas, including bin and bike stores.Juliette Balcony
All room dimensions approximate.

EPC Rating

Energy Rating Band- B
Environmental Impact Band-B

Please note figures given for SO Resi payment and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.


Local area information

Located within a mixed residential and commercial area close to Wimbledon town centre. Good access to town centre facilities, A24 and A3.


Housing Provider

SO Resi
Shared ownership

Starting prices

30% share from
£114,000
Full price
£380,000
Minimum deposit
£5,700
Monthly rent
£422
Monthly service charge
£167