3 bedroom apartment for sale
Cherry Orchard Road, CR0 6BE
Share percentage 25%, full price £545,000, £6,813 Min Deposit.
Share percentage 25%, full price £545,000, £6,813 Min Deposit.
Monthly Cost: £1,877
Rent £937,
Service charge £240,
Mortgage £700*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
Shared Ownership
To be eligible for Shared Ownership you will need to meet certain requirements set by Homes England and the Greater London Authority (GLA). You could be eligible for Shared Ownership if:
- You are at least 18 years old
- You cannot afford to buy a home that suits your household’s needs on the open market
- You have savings to cover a mortgage deposit and can obtain a mortgage
- You are a first-time buyer
If you already own a home and need to move but cannot afford to – or you have equity from a recent sale – please contact us, as there are some circumstances under which you may still be eligible. In some cases, due to criteria set by local authorities, you may be asked to show a connection to the local area where you’re looking to buy. For instance, you might currently live and/or work there.
Maximum incomes and further eligibility requirements may vary for each scheme. Speak to a member of our sales team if you have any doubts. Before you purchase a Shared Ownership home, we will put you in touch with an
independent mortgage advisor who will assess whether the purchase is affordable for you and take you through all your options.
Summary
Show home available to view
Description
There are only 2 available three bedroom apartments at Crescent Gardens, so don't miss your chance to own one of these spacious properties. With ample storage, an en-suite to the main bedroom, integrated appliances, a colour video-entry system and a balcony, these homes have a lot to offer. Parking is available on selected plots. Book your appointment to view our show apartment today! The Sales and Marketing Suite is open Tuesday to Saturday, 10am to 5pm. Parking permits are also available for selected 2 and 3 bedroom homes.
Turn your rent into an investment
Compare the average rent in your area with the monthly cost of a shared ownership home. You could discover there's no better time to start your home ownership journey. You might be pleasantly surprised by what you could save.
What’s more, Latimer are offering ways to help you fund your up-front investment by paying your mortgage brokerage fees until the end of March. You save £499 towards your investment in your new home*.
Register your interest to find out what you could save today!
Crescent Gardens
Crescent Gardens is perfectly placed in East Croydon, making commuting into central London quick and easy, but it’s also not too far from the beautiful countryside of Surrey and Kent, giving you the best of both worlds.
East Croydon is one of London’s most happening boroughs, with an exciting energy both day and night. Whether you’re indulging in some retail therapy, heading to a concert or enjoying the taste of a new cuisine, you’ll always find something new to discover.
Crescent Gardens is the perfect place to put down roots in a home of your own and enjoy all that this central location has to offer.All apartments will be ready to move into from Spring 2023. All apartments benefit from a 990 year lease. Predicted energy rating for all apartments at Crescent Gardens is B.
Contact us today to book your appointment.
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Brochure Price ListMap
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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £545,000, £6,813 Min Deposit. Calculated using a representative rate of 4.24%
