Studio apartment for sale

Available

Cherry Orchard Road, CR0 6BE

£90,750 · Shared Ownership New Build

Share percentage 30%, full price £302,500, £4,538 Min Deposit.

Available
Studio
1 Bathroom
New year promotion - Reserve by 31 January 2023 for just £23*
£90,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 30%, full price £302,500, £4,538 Min Deposit.

Monthly Cost: £1,073
Rent £485, Service charge £121, Mortgage £467*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

£
Eligibility

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

New year promotion - Reserve by 23 January 2023 for just £23*

Description

Reserve by 31 January 2023 for just £23*
Make your move even more affordable with our reduced reservation fee offer. Pay less to reserve and keep more in your pocket for longer.

The studio apartments at Crescent Gardens have a spacious feel, built-in storage as well as benefitting from a balcony. There are only 6 studios available at Crescent Gardens so make sure you don't miss out. Viewings of the show apartment are highly recommended. The Sales and Marketing Suite is open Thursday to Monday, 10am to 5pm. Book your visit 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 February 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 viewing.

*£23 reservation fee reduced from £350. Promotion ends on 31 January 2023. Sale must be complete by 31 March, 2023.

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Key Information Document Brochure Price List
Map
East Croydon (0.27 miles) West Croydon (0.62 miles) Selhurst (0.94 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 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.

£90,750
Shared Ownership New Build
Estimated Monthly Cost:£1,073
Rent £485
Service Charge £121
Mortgage £467

Share percentage 30%, full price £302,500, £4,538 Min Deposit. Calculated using a representative rate of 4.24%


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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.