Available

£87,500

Longitude Apartments, 7 Addiscombe Grove, CR0 5BS
Share 25% / Full price £350,000 / Min deposit £4,375

Apartment
2 bedrooms
1 bathroom

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Eligibility

You may be eligible for this property if:

· Register your interest (pink button on the right)

· Have a passed initial financial assessment with one of the below companies:

SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)

TMP The Mortgage People (tmpmortgages.co.uk)

Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)

· You have a gross household income of no more than £90000 per annum when eligible to purchase.

· Live or work in the borough

· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)

· 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 £48489 and available savings of £4375 for a 5% mortgage deposit.

Description

Fantastic two bed apartment located in Southeast London.

This well-presented property comprises of an open plan kitchen/reception room with an attached private balcony. There are two generously sized bedrooms, family sized bathroom & double glazing throughout.

Residents will also benefit from secured access video intercom & residential lift.

Due to the anticipated high demand for this property, viewing asap is strongly advised.

Lease Term: 99 years from 1st July 2009 (price of lease extension is likely to be between £4000 and £6000 plus costs)

EPC Rating: TBC

Council: Croydon

Council tax band:D

Floor size: 71sqm

Entrance Hall

Storage Cupboard:

Bedroom One: 2.68 x 4.59

Bathroom: Bath, Basin & WC

Bedroom Two: 3.30 x 4.60 max

Open Plan Kitchen/

Living Room: 5.00 max x 5.77 max

Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail dionne.lester@southernhousing.org.uk or resales@southernhousing.org.uk for the vendors details.

Once you have viewed the property, if you wish to apply, application form attached to the viewing email, need to be returned to Southern Housing asap

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.

For more information please visit https://www.optivo.org.uk/sales

Description

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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.
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£87,500 Shared Ownership Resale Full price £350,000
Estimated monthly cost £1,437
£

How is this calculated?

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