1 bedroom apartment for sale
53 WHYTECLIFFE ROAD SOUTH,, Purley, CR8 2AZ
Share percentage 25%, full price £270,000, £3,375 Min Deposit.
Share percentage 25%, full price £270,000, £3,375 Min Deposit.
Monthly Cost: £844
Rent £393,
Service charge £104,
Mortgage £347*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
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 25% minimum share you will need a minimum joint household income of £30848 and available savings of £3375 for a 5% mortgage deposit.
Summary
Southern Housing are delighted to offer for sale this well-presented 1 bedroom 3rd Floor Apartment
Description
Located across the road from Purley Station, this immaculate 1 bed property is an ideal investment or first-time buyer looking for an effortless commute into London. The 3rd floor flat is well presented throughout with a bright open plan reception kitchen. There is good size modern master bedroom & bathroom.
Accommodation:
Entrance hall
Kitchen & lounge
Bedroom 1
Bathroom W/C
Lease Term:125 years from 2011
EPC Rating: B
Council tax band: C
Council: Croydon
Floor size: 48 m2
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail resales@southernhousing.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@southernhousing.org.uk
Application forms need to be returned to Southern Housing by 15th January 2023
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
Short walking distance to shops , local amenities & Purely War Memorial hospital
NEAREST STATIONS
Purley Station 0.1 miles
Reedham (Surrey) Station 0.7 miles
Riddlesdown Station 0.8 miles
NEAREST SCHOOLS
Christ Church CofE Primary School (Purley)
State School Ofsted: Good
0.3 miles
Thomas More Catholic School
State School Ofsted: Good
0.4 miles
Margaret Roper Catholic Primary School
State School Ofsted: Good
0.4 miles
St David's School
Independent School ISI: No Rating Available
0.4 miles
Particulars
Tenure: Leasehold
Council Tax Band: C
Map
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 £270,000, £3,375 Min Deposit. Calculated using a representative rate of 4.24%
