2 bedroom apartment for sale

Available

Yardmaster House, 11 Cross Road, CR0 6FB

£144,000 · Shared Ownership Resale

Share percentage 30%, full price £480,000, £14,400 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£144,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £480,000, £14,400 Min Deposit.

Monthly Cost: £1,648
Rent £712, Service charge £205, Mortgage £731*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

Two-bed (93 m2), duplex spread over two floors with a spacious open-plan living area and private balcony available in Croydon

Description
Viewings available | Once you have registered your interest, you will receive an email to book your viewing.
 
This is a stunning 2-bedroom duplex flat spread over two floors with a two private balconies in East Croydon. Property reference 1638790.
 
The property is located on the sixth and seventh floors in a seven storey apartment block and has an approximate size of 95.5 m2 (1027 sq ft). The time remaining on the lease is 118 years.

Croydon is a vibrant and dynamic place with lots of shops, local eateries and bars as well as the famous 'Boxpark' (0.4 miles away), which has small, independent eateries, some pop up dining and lots of events from big screen football and sporting events, to music, spoken word, painting, kids events and a lot more. It also has batting cages and axe throwing for the more adventurous!
 
Retail-wise, Croydon town centre is a 20 min walk away, or the Purley Way is a 10 min drive, which features a cinema, superstores and shops such as Ikea, Adidas, TK Maxx and Decathlon.
 
There are plenty of green spaces that are moments away in the car - Croham Hurst Woods is a 10 min drive. Coombe Woods Gardens is also 10 mins away. Selsdon Woods and Nature reserve is a 15 mins drive.
 
Also Birch: Selsdon, a new members club and arts/crafts creative hub has just opened in Selsdon, a 15 min drive away. A former hotel, it is set in in 200 acres of rewilded land. It houses two world class restaurants, a cinema, hotel rooms, co-working spaces and a state- of-the-art gym and an outdoor pool! It also has a sister venue in North London (and reciprocal membership with central London clubs too)!
There are plenty of quick travel links on the train (all times in minutes) - London Bridge in 20, Gatwick in 20, Clapham Junction in 15, Brighton in 45, Kings Cross in 30. If you have a car, the M25 is easily accessible and is only 35 minutes away, opening the door for further exploration.
  • Nearest Underground Station: West Croydon (1 mile)
  • Nearest Railway Station: East Croydon (0.3 miles)
  • Bus Routes Nearby: 312, 197, 410, 367, 689

Located on the sixth floor comprises:

  • Entrance: Hallway with a utility cupboard with integrated white goods with beige carpets throughout.
  • Bedroom one: Double bedroom with fitted wardrobe and floor-to-ceiling windows with double-doors opening onto a partio, overlooking trees, Surrey hills and out towards Canary Wharf & City airport in the distance. Beige carpet.
  •  En-suite: White suite comprising a shower, partially tiled and wallpapered walls with a shaving light above the sink and a towel rail. Brown porcelain tile flooring.
  • Bedroom two: Spacious second double bedroom with fitted wardrobe offering city views. Beige carpet.
  • Bathroom: White suite comprising a bath with shower, partially tiled & painted walls with a mirrored cabinet with an integrated light and a towel rail. Brown porcelain tile flooring.

Located on the seventh floor comprises:

  •  Living room: Spacious open plan living with lots of natural light through floor-to-ceiling windows, offering unobstructed views towards Canary Wharf & City airport to the East and city views of West Croydon and out towards London and the West. The living room has a Juliette balcony at one end and the other way, double patio doors opening out onto the large, private terrace. Beige wood flooring.
  • Kitchen: Dark grey worktops with tiled a splashback, white veneer handle-less cabinets with integrated Bosch appliances in good condition. A kitchen island housing an integrated hob and space for a dining table and chairs. Beige wood laminate flooring.
  • Outside: Stunning private balcony, a second terrace, secure cycle storage and communal garden.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact href="mailto:enquiries@peabodynewhomes.co.uk" style="color:#0563c1; text-decoration:underline">enquiries@peabodynewhomes.co.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining lease term: 118 Years
  • Annual ground rent: £300
  • Ground rent review period: 1st January every 25 years
  • Annual service charge amount: £2,457.48
  • Service charge review period: 1st April annually
  • Council tax band: Band D
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D

Property Downloads
Floor Plan Energy Certificate
Map
East Croydon (0.23 miles) West Croydon (0.48 miles) Selhurst (0.92 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.

£144,000
Shared Ownership Resale
Estimated Monthly Cost:£1,648
Rent £712
Service Charge £205
Mortgage £731

Share percentage 30%, full price £480,000, £14,400 Min Deposit. Calculated using a representative rate of 4.64%


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.