1 bedroom apartment for sale



£67,500 · Shared Ownership Resale

Share percentage 25%, full price £270,000, £3,375 Min Deposit.

1 bedroom
1 Bathroom
Private Balcony/Terrace
£67,500 Shared Ownership Resale · Eligibility Eligibility

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.


Southern Housing are delighted to offer for sale this well-presented 1 bedroom 3rd Floor Apartment


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.


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


Purley Station 0.1 miles

Reedham (Surrey) Station 0.7 miles

Riddlesdown Station 0.8 miles

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



Tenure: Leasehold
Council Tax Band: C

Purley (0.09 miles) Riddlesdown (0.67 miles) Reedham (0.68 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.

Shared Ownership Resale
Estimated Monthly Cost:£844
Rent £393
Service Charge £104
Mortgage £347

Share percentage 25%, full price £270,000, £3,375 Min Deposit. Calculated using a representative rate of 4.24%

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.