2 bedroom apartment for sale
Available
233 High Street, CR0 9FW
£104,375 · Shared Ownership New Build

Share percentage 25%, full price £417,500, £5,219 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£104,375 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £417,500, £5,219 Min Deposit.

Monthly Cost: £1,448
Rent £718, Service charge £210, Mortgage £520*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility
  • have a combined household income under £90,000
  • not own a property, or part of a property, at the time of completing on your purchase
  • have a minimum of £5,000 to cover the costs of buying a home
Summary

Luxury living in Croydon, London, compromising of one and two bedroom apartments is now available, find out more today.

Description

RESERVE YOUR NEW SHARED OWNERSHIP HOME AT LEON HOUSE AND PAY NO RENT*

It can be difficult to get a foot on the property ladder these days. For many, the idea of ever being able to afford to buy in London feels out of reach. With Shared Ownership, you buy a percentage of a property, then pay rent on the remaining portion.In addition, for a limited time only if you reserve today you can benefit from our rent incentive, so it’s easier financially at the start when you have lots of more exciting things to buy. Speak to our Sales Consultant to find out more!

Apartment 112 is a two bedroom, type 6** apartment situated on the 10th floor and is south facing.

Financial Breakdown:

  • Full market value £417,500
  • 25% share value: £104,375
  • 5% deposit of 25%: £5,218.75
  • Rent on unowned share 2.75% of 75% : £717.58 per month

The entire apartment benefits from natural light flooding in from the large floor to ceiling windows. The kitchen has been designed to make life simple and stylish, including a Bosch electric oven and induction hob, integrated fridge/freezer and dishwasher. The handle less design and muted colour palette means the kitchen blends into the background.

The bedroom continue the apartment seamless approach with a dedicated wardrobe and storage space for each room, all finished with soft cut pile carpets and matt eggshell painted walls. Underfloor heating means a consistent temperature and maximises room space for furniture layouts.

These homes offer all your lifestyle needs; the sky garden provides a large semi sheltered space with fantastic views across London, you can book the private dining facility and have a larger gathering of friends. If you work from home, you can have a break from your apartment and work in the dedicated workspaces in the large ground floor lobby, there are bookable meeting rooms there too, so you needn't leave even for a meeting! The Concierge is there to help with all this, plus take in parcels etc.

Location

The London Borough of Croydon is finally coming of age. New retail, dining and office development is transforming Croydon. From new tech start-ups to Boxpark, it is one of London's fastest growing economies. Uniquely located, high speed road, rail and tram connections integrate Croydon into Central London and the South East.

Westfield is bringing a whole new dimension of shopping to Croydon. On the site of the former Whitgift Centre and Centrale, Westfield Croydon will include a flagship John Lewis store, plus dozens of other big-name fashion and designer retailers, restaurants and bars.

What is Shared Ownership?

If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

About Legal and General Affordable Homes

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

**See Document Downloads link below to view the Type 6 plan.

*Offer is available at Leon House, Croydon only for reservations. For a limited time only, LGAH will pay as an allowance upon Legal Completion the equivalent cost of your monthly rent payment on your unowned share up to six months.

Some lenders may not accept incentivised offers from house builders or will require a specific deposit amount from you.

Key Features
  • Contemporary handle-less kitchen with integrated appliances and composite worktop
  • Luxury bathroom with feature storage, black heated towel rail and modern sanitary and brassware
  • Engineered oak plank flooring and under floor heating
  • Open plan living facilitated by concealed sprinkler system
  • Hyperoptic broadband providing superfast broadband connectivity
  • Concierge service, Sky garden with private dining facilities, Bespoke flexible working areas in Communal space
  • 10 year Premier guarantee build warranty
Property Downloads
Floor Plan Brochure Price List Energy Certificate
Map
South Croydon (0.51 miles) East Croydon (0.56 miles) West Croydon (0.68 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£104,375
Shared Ownership New Build
Estimated Monthly Cost:£1,448
Rent £718
Service Charge £210
Mortgage £520

Share percentage 25%, full price £417,500, £5,219 Min Deposit. Calculated using a representative rate of 3.94%


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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.