Summary - Flat 103, Kindred House, 25 Scarbrook House CR0 1GL
2 bed 1 bath Flat
Two-bedroom shared ownership flat with winter garden and rooftop views, ideal for first-time buyers.
25% shared ownership — £110,000 share, lower deposit entry
A bright two-bedroom apartment in The Wandle offers a contemporary, low-maintenance home suitable for first-time buyers using Shared Ownership. The open-plan living room with large windows, engineered parquet flooring and a private winter garden delivers generous natural light and flexible living space for everyday life or home working.
Built in 2022 with modern mechanical ventilation and heat recovery (MVHR) and efficient community heating, the flat is thermally efficient and designed for sustainable living. Residents benefit from communal amenities including a roof terrace with wide views, co-working space and lift access, plus excellent mobile signal and fast broadband for remote working.
This is a 25% shared ownership opportunity: a £110,000 purchase price for the share, with rent payable on the remaining share and an estimated monthly service charge of £171. The building is new and largely maintenance-free internally, but buyers should factor in rent on the unsold share, leasehold terms and service charges when budgeting.
Material considerations: the property sits in an area flagged as deprived and carries a medium flood risk, which may affect insurance costs or future resale. The tenure is leasehold with shared ownership constraints; council tax is not provided. These practical points should be weighed against the low deposit entry route and strong transport links into central London.
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