2 bedroom apartment for sale

Available

3 Laundry Close, Croydon, CR0 2WJ

£105,000 · Shared Ownership Resale

Share percentage 35%, full price £300,000, £5,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
£105,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £300,000, £5,250 Min Deposit.

Monthly Cost: £1,304
Rent £546, Service charge £166, Mortgage £592*

Calculated using a representative rate of 5.15%

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 35% minimum share you will need a minimum joint household income of an estimated £45,844 and available savings of £5,250 for a 5% mortgage deposit.

Summary

Southern Housing are delighted to offer for sale this well-presented 2 bedroom 2nd Floor Apartment at sort after Laundry close

Description

This lovely apartment is modern spacious apartment is 12 min walk to East Croydon station, 15 min walk to West Croydon station. With great

transport links by train, tram and bus links to London Bridge, Wimbledon, Gatwick Airport and Brighton.

Kitchen

• Integrated Electrolux single oven, gas hob and fridge/freezer

• Zanussi dishwasher and washer dryer

• Magnet fitted kitchen in Luna White with Mineral Grey work surfaces

• Stainless steel splash back and extractor hood

Bathroom

• Ideal Standard White sanitary ware

• Hansgrohe chrome bath/shower tap and basin tap

• Heated chrome towel rail

• Shaver socket

General

• Carpet to the hallway, living room and bedrooms in colour Walnut

• Floor tiling to kitchen and bathroom in colour Grey

• Half moon balcony light

The apartments also benefit from a terrace and has access to a communal garden.

Lease Term: 125 years from 01.04.2018

EPC Rating: B

Council: Croydon

Council Tax Band: D

Floor space: 63 square metres

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 ASAP - now on a first come first serve basis - must have viewed the property. 

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

Key Features

Local Information:

Short walking distance to shops and amenities .

NEAREST STATIONS

Lebanon Road Tram Stop

0.5 miles

West Croydon Station/Tram/Overground

0.6 miles

Wellesley Road Tram Stop

0.6 miles

NEAREST SCHOOLS

St. Mary's Catholic Junior School

State School

Ofsted: Good

0.3 miles

Broadmead Primary School

State School

Ofsted: Requires improvement

0.3 miles

St Mary's Catholic High School

State School

Ofsted: Good

0.3 miles

Al-Khair School

Independent School

Ofsted: Good

0.3 miles

Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
Brochure Brochure
Map
East Croydon (0.53 miles) West Croydon (0.60 miles) Selhurst (0.62 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.

£105,000
Shared Ownership Resale
Estimated Monthly Cost:£1,304
Rent £546
Service Charge £166
Mortgage £592

Share percentage 35%, full price £300,000, £5,250 Min Deposit. Calculated using a representative rate of 5.15%


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.