1 bedroom apartment for sale
38 Cherry Orchard Road, CR0 6BE
Share percentage 25%, full price £355,000, £4,438 Min Deposit.
Share percentage 25%, full price £355,000, £4,438 Min Deposit.
Monthly Cost: £1,265
Rent £610,
Service charge £149,
Mortgage £506*
Calculated using a representative rate of 5.26%
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.
- 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
BRAND NEW DEVELOPMENT NEAR EAST CROYDON STATION
Description
Generous sized one bedroom apartment comprising open plan kitchen/living/dining area, double bedroom and main bathroom suite. Other benefits include carpeted bedrooms and vinyl flooring in the living area. The flooring is tiled in the bathroom. There is a lift to all floors, three communal roof terraces, video entry system and cycle storage.
Crescent Gardens is a brand new development of high quality shared ownership apartment located in the heart of East Croydon and a stone’s throw away from East Croydon railway station provided frequent and speedy rail service to several Central London stations, Gatwick airport, via the Gatwick express and the South Coast. It’s also close to the beautiful countryside of Surrey and Kent making it the perfect place to put down roots in a home of your own.
Croydon is a highly sort after location due to its excellent shopping facilities, vibrant nightlife, including the recently refurbished Fairfield Halls, its array of local restaurants and eateries and unrivalled transport facilities.
*Please note images used in this listing are for illustration purposes and are not exact to the property.
Key Features
Private balcony
Three communal roof terraces
Close to the station
Ready to move into
Particulars
Tenure: Leasehold
Lease Length: 998 years
Council Tax Band: D
Property Downloads
Floor PlanMap
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 £355,000, £4,438 Min Deposit. Calculated using a representative rate of 5.26%
