Share Price £116,250 (from 25% Min. Share)

Full Value £465,000 | £5,813 Min. Deposit

Scheme: Shared Ownership

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Auckland Rise & Sylvan Hill - 2 bed apartment in Croydon

place Sylvan Hill, SE19 2QL

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75% Sold - Only 2 bed apartments remaining


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

Description

Pricing
Share price (based on 25%): £116,250
Full price: £465,000
Monthly rent: £799.22
Service charge: £133.48

These homes at Auckland Rise and Sylvan Hill are beautifully designed one and two-bedroom apartments in a quiet enclave with wonderful views to the south.

Offering wonderful views to the south-east this new quiet neighbourhood of Auckland Rise & Sylvan Hill in Upper Norwood holds homes perfect for first-time buyers and anyone who longs for a green outlook and a sense of space, with an easy commute into Central London. The meandering paths, trees, and greenery make this community feel peaceful and close to nature.

What is shared ownership?

Shared ownership allows you to buy a share of your home, with a lower deposit, smaller mortgage, and monthly payment on the rest. You start by buying between 25% - 75% of your home. That means your monthly mortgage and deposit are smaller than they would be if you bought your home outright. You can buy a bigger share of your home in the future and even own 100%.


Key Features

High Specification

Each apartment offers generously sized rooms allowing for open and light-flooded spaces along with our contemporary kitchen finishes which include integrated Bosch appliances, natural Silestone worktops, and soft closing cabinets. We have used oiled oak timber flooring to all living areas and high-quality carpets to the bedrooms.


Kitchen
- Super matt grey floor and tall units with oak handles
- Handle-less matt white wall units
- Silestone worktops
- Stainless steel sink with chrome mixer tap
- Integrated Bosch appliances

Bathroom
- Full-height white gloss tiling above bath, basin, and WC
- WC with slow close seat
- Bath with white bath panel
- Mirror fronted cabinet

Heating, Lighting & Electrical
- Gas-fired central heating
- Wall-hung flat panel radiators
- Heated towel rail to bathroom
- LED downlights throughout
- Audio access entry control system


Download Documents

Link to the floor plan Property brochure 1 Energy Certificate
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Calculate Monthly Cost

Share price
£ 116,250
Min. £116,250
Share percentage
Min. 25%
Your deposit
Min. £5,813
Monthly cost*
£1,511
Cost breakdown
£799
Rent
£133
Service charge
£579
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.