Shared ownership

1/13

Shared ownership

1/13

2 bed flat for sale Slade Way, Mitcham, CR4

Asking price

£120,000

Added on 22/09/2026

40% share · about £300,000 full value

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £174 per sq ft
Tenure: Leasehold; 169 years left

Service charge £291 a yearGround rent £13 a year Council tax Band C £1,908 a year

Key features

40% SHARED OWNERSHIP OPPORTUNITY
Well Presented Two Bedroom Apartment
Popular Modern Development
Neutral Finish and Modern Interiors
Bright and Spacious Reception Room
Modern Bathroom
Communal Gardens
Close to Mitcham Eastfields Station
Well Equipped Semi Open Plan Kitchen
Easy Access Shops, Schools and Amenities

About this property

** 40% SHARED OWNERSHIP OPPORTUNITY £120,000 (100% SHARE £300,000) **

PLEASE CLICK ON THE LINK BELOW FOR ELIGIBILITY file:///C:/Users/Diane.Armstrong/OneDrive%20-%20Purplebricks/Documents/Slade%20Way%205%2017/Open%20Market%20Permission%20-%205,17%20Slade%20Way%20CR4%202GA.pdf

Well presented second floor two bedroom purpose built flat with allocated parking space, set within a modern development close to Mitcham Eastfields station and amenities. The property offers bright, well planned accommodation with modern interiors throughout - ideal for first time buyers. Features include an inviting reception room, well equipped semi-open plan kitchen, modern bathroom, gas central heating, double glazing, inbuilt storage, secure entry and communal gardens.

Floorplan

Council tax

Band C £1,908 a year

Per year

Band A

£1,431
Band B

£1,670
Band C

This home: £1,908
Band D

£2,147
Band E

£2,624
Band F

£3,101
Band G

£3,578
Band H

£4,294

This home is in band C, which costs £1,908 a year in Merton for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Merton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Slade Way, Mitcham, CR4

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 3, 17, Slade Way Flat / maisonette	Flat / maisonette	Aug 2015	603 sq ft £431/sq ft	603 sq ft	£431	£260,000
Flat 5, 17, Slade Way Flat / maisonette	Flat / maisonette	Jun 2015	753 sq ft £133/sq ft	753 sq ft	£133	£100,000
Flat 4, 17, Slade Way Flat / maisonette	Flat / maisonette	Sept 2013	764 sq ft £249/sq ft	764 sq ft	£249	£190,000
Flat 3, 19, Slade Way Semi-detached	Semi-detached	Oct 2012	667 sq ft £262/sq ft	667 sq ft	£262	£175,000