1 bedroom apartment for sale

Available

28-30 Addiscombe Grove, CR0 5LP

£234,000 · Discount Full Ownership

Share percentage 100%, full price £234,000, £23,400 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Terrace
Pets allowed
Floor plan
floor-plan
Floor plan
floor-plan
£234,000 Discount Full Ownership · Eligibility Eligibility

Share percentage 100%, full price £234,000, £23,400 Min Deposit.

Monthly Cost: £1,087
Service charge £148, Mortgage £939*

Calculated using a representative rate of 2.45%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You live or work in any London Borough
  • You have an income less than £90,000 per annum
  • You are a first time buyer
Summary

Own 100% of your home for 20% less! 15 minutes to London Bridge and Victoria

Description

Own 100% of your home for 20% less!

Addiscombe Grove CR0, offering one bedroom discounted homes for first time buyers.

We welcome well-behaved pets! You will need to seek permission to keep a pet in your Pocket home, please get in touch for further details.

With an EPC rating of B, these homes qualify for green mortgages - save money on your mortgage rates!

Addiscombe Grove CR0 offers:

  • Just a two minute walk from East Croydon station - direct trains to Victoria and London Bridge stations
  • 3x communal roof terraces are located on 9th, 20th and 21st floor - with stunning views across London
  • An indoor Residents' Lounge, a Co-Working Space and a Wellness Room
  • A bicycle store and maintenance station, providing ample secure cycle storage for everyone who needs it
  • Plentiful local amenities: Boxpark Croydon is the perfect place to eat out and meet with friends, whilst Croydon High Street and the Whitgift Centre both provide ample shopping opportunities
  • Addiscombe Grove CR0 is a car-free development (apart from the designated parking spaces provided for blue badge holders) and homeowners cannot apply for a residents' permit.

These homes will come with a 124-year lease and a Residents Management Company (RMC) will be formed by the Managing Agent, of which all homeowners will become members; some homeowners may choose to become Directors of the RMC. A communal boiler delivers heating and hot water; each resident will be billed according to their own controlled usage and cannot change gas suppliers. Wiring for Sky+/Sky Q, BT telephone and BT Openreach Fibre and residents will receive a Hyperoptic Wi-Fi installed with a 3-month free service. When the time comes to resell a Pocket home, you will initially have to try to find a buyer who meets the eligibility criteria. Subletting is only permitted in extenuating circumstances. Images are of a typical Pocket home at Addiscombe Grove CR0.

Internal images of Show Home.

Key Features
  • Big, floor to ceiling windows for loads of natural light. To maximise the feeling of space, Pocket homes have large windows, allowing light to flood the rooms.
  • Fully-fitted kitchen with Corian worktops, an undermounted sink and integrated appliances: ceramic hob, oven and fridge with freezer compartment.
  • High-quality timber laminate wide board flooring in a light oak finish, running throughout the living areas for a modern feel.
  • Central heating: well-placed radiators throughout our homes keep them toasty and warm.
  • Modern insulation to keep the heat in & keep running costs low. Pocket flats are cheap to run thanks to the excellent insulation in our efficient buildings.
  • We welcome well-behaved pets! You will need to seek permission to keep a pet in your Pocket home, please get in touch for further details.
  • EPC rating of B - eligible for green mortgages
Particulars

Tenure: Leasehold
Lease Length: 124 years
Council Tax Band: C

Property Downloads
Floor Plan Brochure
Map
East Croydon (0.12 miles) West Croydon (0.59 miles) South Croydon (0.80 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.

£234,000
Discount Full Ownership
Estimated Monthly Cost:£1,087
Service Charge £148
Mortgage £939

Share percentage 100%, full price £234,000, £23,400 Min Deposit. Calculated using a representative rate of 2.45%


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Addiscombe Grove CR0
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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.