Affordable first‑time buy close to Colliers Wood station and Wimbledon.
- Shared ownership 65% share price £178,750 (rent approx £303 pcm)
- Compact 448 sq ft one-bedroom, efficient open-plan layout
- Only 0.3 miles from Colliers Wood Underground (Northern line)
- Newer build with double glazing and mains gas heating
- Service charge circa £1,786.80 per year (est.)
- Short lease (around 81–84 years) — needs renewing urgently
- Local area well connected; fast broadband and excellent mobile signal
- Local recorded crime level is high
A compact, modern one-bedroom apartment offered via shared ownership, making central‑London access more affordable. The 65% share price of £178,750 (rent circa £303 pcm) suits first‑time buyers who need a lower deposit and regular commuter links.
The home is a second‑floor apartment of around 448 sq ft with an open‑plan living/kitchen, a double bedroom and a bathroom. Colliers Wood Underground is about a 5‑minute walk (approx. 0.3 miles) with Northern line trains into central London, and Wimbledon Park and Tennis Club sit under 3 miles away.
There are genuine positives: modern construction, double glazing, mains gas heating and fast broadband. At the same time there are material issues you should note — the lease is short for a new purchase (about 81–84 years remaining) and will require prompt renewal, the annual service charge is significant, and local crime statistics are high.
This property suits a first‑time buyer aiming for an affordable route onto the ladder with good transport links. Buyers who need a long lease, minimal ongoing charges, or ground‑floor communal gardens may find the apartment limiting. Viewings will identify how the internal space meets your day‑to‑day needs.
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