Share Price £94,500 (from 30% Min. Share)

Full Value £315,000 | £9,450 Min. Deposit

Scheme: Shared Ownership Resales

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Resales - 1 bed apartment in Croydon

place Lennard Lodge, 19 Lennard Road, CR0 2UL

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Croydon: One-bed (52m2), Third Floor Apartment with Balcony, now available.


Eligibility

You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.

Description

Once you have registered your interest, you will receive an email to book your viewing.

Lennard Lodge is a one-bedroom property located on thetop floor of a three storey block. The overall developmentisfour storeys and was built around 2017. The approximate size of the property is 52sq. m. and it benefits from its own private balcony, secure cycle storage facility and picturesque communal garden.The time remaining on the lease is 121years.

There are good transport links with West Croydon Railway Station 0.2miles away, served by National Rail, London Overground and Tramlink.Local buses serve the area and the night buses links to Central London.

Local amenities, Shops, Bars, and Restaurants for leisure and enjoyment are located 0.2milesaway, along London Road. Croydon Boxpark is also less than a mile away.

  • Nearest Railway/ OvergroundStation: West Croydon (0.2 miles)
  • Bus/ Tram routes nearby:60,64,194, 367,433

The property located on the third floor comprises:

  • Entrance: Hallway withstorage cupboards. Video entry system.
  • Living Room: Spaciousliving areawith lots of natural light, floor to ceiling windows and access to balcony. Wooden laminate flooring.
  • Kitchen: Ivory base units with vinyl grey counter-top and glass splashback.Integrated Zannussi appliances; Oven, Fridge-freezer and Dishwasher.All in Very good condition. Wooden laminate flooring.
  • Bedroom: Double bedroom with mirrored fitted wardrobe and access to balcony. Beigecarpeted flooring.
  • Bathroom: White suite comprising panelled bath with shower head, WC and hand washbasin with mirrored cabinet over. Part tiled walls. Heated towel-rail.Tiled flooring.
  • Outside: Large private balconyand secure cycle storage.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact peabody.resales@peabody.org.uk and our team will be able to help you.


Key Features

  • Available through Shared Ownership
  • Beautifully presented
  • Great transport links
  • Private Balcony

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 94,500
Min. £94,500
Share percentage
Min. 30%
Your deposit
Min. £9,450
Monthly cost*
£1,009
Cost breakdown
£465
Rent
£137
Service charge
£407
Mortgage*
Calculated using a representative rate of 3.09%
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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.