1 bedroom apartment for sale
5 The Avenue, CR0 5LH
Share percentage 30%, full price £335,000, £5,025 Min Deposit.
Share percentage 30%, full price £335,000, £5,025 Min Deposit.
Monthly Cost: £1,130
Rent £489,
Service charge £140,
Mortgage £501*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
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.
Summary
Lower / Upper, First & Second Floor Apartments
Description
This stunning collection of 8 one bedroom apartments is available through Shared Ownership, and only moments away from East Croydon station. With contemporary specification, and light, spacious living space, these apartments are the ideal place to call home.
Just a few minutes' walk away, Croydon High Street and the Whitgift Centre offer plenty of shops and restaurants; walk a little further and you can enjoy the green spaces of Park Hill Park and Wandle Park.
Fairfield Road development does not have any car park space and homeowners will not be able to apply for a parking permit.
Incentive offered £2000 towards moving cost payable on completion.
Fairfield Road development does not have any car park space and homeowners will not be able to apply for a parking permit with LA.
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The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £335,000, £5,025 Min Deposit. Calculated using a representative rate of 3.94%
