1 bed flat for sale

Reed House, Wimbledon, London SW19

Bright and modern one-bedroom apartment now available in Wimbledon, through Shared Ownership.

The property comprises an entrance hall, an open-plan living room and kitchen, one bedroom, and one bathroom.

The property is on the fifth floor, offering residents a private balcony.

Available for £85,500 for 30% share based on the marketing figure of £285,000.

Monthly rent - £566.69
Monthly Service Charge - £349.35
Total Monthly Charge - £916.04 plus mortgage required for 30% share.

An annual rent increase takes place every April

Location

The property is located within a modern residential development of mostly similar properties close to Wimbledon in London.

The property is close to a range of local amenities including supermarkets, shops, and restaurants. Haydons Road rail station is roughly a 5-minute walk from the property and offers connections to central London. Wimbledon Park is also within walking distance of the property and offers connections on the District Line.

The property is also close to a range of parks and open spaces, including Wandle Meadow Nature Park.

Plenty of schools are available within walking distance for all levels.

EPC rating

Energy rating band - C

Environmental rating band - A

Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.