1 bedroom apartment for sale

Available

Robinson Court, 5 Campbell Road, CR0 2SP

£88,000 · Shared Ownership Resale

Share percentage 40%, full price £220,000, £4,400 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Parking
£88,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £220,000, £4,400 Min Deposit.

Monthly Cost: £942
Rent £389, Service charge £101, Mortgage £452*

Calculated using a representative rate of 4.24%

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 when eligible to purchase.

· 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.

· To purchase this 40% minimum share you will need a minimum joint household income of £37323 and available savings of £4400 for a 5% mortgage deposit.

Summary

Optivo are excited to offer for sale this well-presented 1 bed Apartment Close Croydon university Hospital

Description

This property is ideal for a first-time buyer looking to get on the property market in the south London area.

This property comprises of a large lounge area which leads onto the balcony.

Spacious one bedroom flat with kitchen and separate living room, ample storage and a balcony along with new fittings to include WC. Property also offers secure gated parking and communal garden.

The property further benefits from excellent transport links e.g close proximity to West Croydon and East Croydon train station accessing London Bridge, Victoria, Gatwick and London St Pancras. Tram links into Wimbledon and Beckenham, buses to Brixton and Coulsdon. As well as various amenities e.g nightlife to include box park, retail outlets such as IKEA, Centrale and Whitgift Shopping centre and other resources

This property benefits from a secure gated cark park & there is a communal garden for the residents.

This property is available to view immediately.

The property has the following accommodation –

Entrance hall 3.3m x 1.3m +3.0m

Kitchen & lounge 7.0m x 3.3m

Bedroom 1 4.6m x 2.5m

Bedroom 2 3.4m x 2.2m

Bathroom W/C 2.5m x 1.5m

Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail resales@optivo.org.uk for the vendors details.

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to resales@optivo.org.uk

Application forms need to be returned to Optivo by 24th November 2022

Please note though that if a high volume of applications is received, the deadline might be brought forward.

*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.

Key Features

NEAREST STATIONS

West Croydon Station

0.7 miles

Ampere Way Tram Stop

0.7 miles

Waddon Marsh Tram Stop

0.8 miles

NEAREST SCHOOLS

Elmwood Junior School

State School

Ofsted: Good

0.2 miles

Elmwood Infant School

State School

Ofsted: Good

0.2 miles

Chestnut Park Primary School

State School

Ofsted: Outstanding

0.3 miles

Ecclesbourne Primary School

State School

Ofsted: Good

0.5 miles

Particulars

Tenure: Leasehold
Council Tax Band: B

Property Downloads
Brochure
Map
West Croydon (0.60 miles) Selhurst (0.87 miles) Thornton Heath (0.89 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.

£88,000
Shared Ownership Resale
Estimated Monthly Cost:£942
Rent £389
Service Charge £101
Mortgage £452

Share percentage 40%, full price £220,000, £4,400 Min Deposit. Calculated using a representative rate of 4.24%


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.