3 bedroom apartment for sale

Available

25 Scarbrook Road, CR0 1SQ

£367,500 · Shared Ownership New Build

Share percentage 75%, full price £490,000, £18,375 Min Deposit.

Available
3 bedrooms
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£367,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 75%, full price £490,000, £18,375 Min Deposit.

Monthly Cost: £2,531
Rent £284, Service charge £153, Mortgage £2,094*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility

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

Private Winter Garden, Communal roof terrace and co-working space

Description

From as little as £6250 deposit you could be living in one of these stunning three bedroom apartments within this brand new landmark development in the heart of Central Croydon. With easy access to Croydon stations and transport links, High street and abundance of restuarants, cafes and bars. Or simply take in and enjoy the breathe taking views from the residents roof terrace of the London skyline and Surrey Hills.

Financial Breakdown:
Full market value: £500,000
25% share value: £125,000
5% deposit: £6,250
Rent charged on un-owned share: 2.75%
Rent on un-owned share £859.37


The Wandle’ Croydon’s latest new development and possibly the most iconic of buildings in the heart of Croydon. This is the perfect opportunity to acquire a stunning one, two or three bedroom apartment in this magnificent building which has been designed using natural materials and modern technology to help you live more sustainably.

Many of the apartments benefit from far reaching views across Croydon’s newly formed skyline and beyond. The development’s location also benefits from being in close proximity to Croydon’s superb transport links inclusive of three mainline train stations namely East Croydon, West Croydon and South Croydon, all offering swift and direct connections to London Victoria, London Bridge and the City of London. The Croydon Tramlink service connects South West London to South East London and one of London’s most extensive bus networks. In addition, we are only a short walk away from Croydon’s amenities, a huge range of shops within the two shopping centres Whitgift and Centrale, Croydon’s very own Boxpark and Famous Fairfield Halls venue.

Each apartment has been carefully designed and constructed to maximise living space and natural light and consists of spacious open plan kitchen/living room with engineered oiled parquet block flooring modern and contemporary fitted kitchens with integrated appliances and Silestone work surfaces.
The bathrooms are elegant and stylish with white sanity ware, porcelain floor tiles and heated towel rail.
There are spacious bedrooms which are carpeted, ample storage space and each apartment has its own winter garden.
Other benefits include passenger lift to all floors, communal roof terrace, co-working area and MVHR system for efficient warm air flow and fresh air circulation.
Call us today for further details and to arrange your appointment to view one of these amazing apartments at The Wandle.

Key Features

High specfication

Close to the station

Private Winter Garden

Communal roof terrace

co-working space

Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan
Map
East Croydon (0.44 miles) West Croydon (0.52 miles) South Croydon (0.66 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.

£367,500
Shared Ownership New Build
Estimated Monthly Cost:£2,531
Rent £284
Service Charge £153
Mortgage £2,094

Share percentage 75%, full price £490,000, £18,375 Min Deposit. Calculated using a representative rate of 5.26%


Development
The Wandle
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.