3 bedroom apartment for sale

Available

Portland Road, SE25 4PQ

£237,500 · Shared Ownership New Build

Share percentage 50%, full price £475,000, £11,875 Min Deposit.

Available
3 bedrooms
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£237,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £475,000, £11,875 Min Deposit.

Monthly Cost: £2,072
Rent £544, Service charge £175, Mortgage £1,353*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

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

This first floor apartment has been finished to a high specification and benefits from its own private balcony

Description

We are delighted to offer this exciting opportunity to get on to the property ladder and into a brand new, three bedroom home with Shared Ownership. Call now to register your interest.

This first floor apartment has been finished to a high specification and benefits from its own private balconies. The living area is open plan and incorporates a dining area with a stylish kitchen, finished with quartz worktops and fitted Bosch appliances. All three bedrooms are a good size. The modern bathroom is fully tiled with smart, porcelain tiles, featuring a wall hung vanity unit, bath, shower and screen and soft close W.C. Flooring is included throughout and complements the finish and style of the apartment, the modern, flush doors are finished with chrome handles.

The development is ideally situated for transport and road links including Norwood Junction with direct access to London Bridge and London Victoria.

South Norwood offers a popular High Street with an array of shops and amenities and the Crystal Palace Triangle with its gastro pubs, restaurants and independent shops is only a bus ride away. The country park is also close by and provides a lovely outdoor space to wander through and enjoy.

Key Features

• Private Balcony or Terrace

• Flooring throughout

• Modern, contemporary style

• Excellent location

• Bosch appliances including Built-in Single Oven, Ceramic Hob, 70/30 Fridge Freezer and Washer Dryer

Particulars

Tenure: Leasehold
Lease Length: 249 years
Council Tax Band: D

Property Downloads
Floor Plan
Map
Norwood Junction (0.25 miles) Birkbeck (0.76 miles) Elmers End (0.87 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.

£237,500
Shared Ownership New Build
Estimated Monthly Cost:£2,072
Rent £544
Service Charge £175
Mortgage £1,353

Share percentage 50%, full price £475,000, £11,875 Min Deposit. Calculated using a representative rate of 5.26%


Development
Portland Road
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.