1 bedroom apartment for sale
16-18 Wellesley Road, CR0 2DD
Share percentage 25%, full price £350,000, £4,375 Min Deposit.
Share percentage 25%, full price £350,000, £4,375 Min Deposit.
Monthly Cost: £1,242
Rent £602,
Service charge £141,
Mortgage £499*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Reserve this April and we'll contribute £3,000 to your moving in costs!
Description
Reserve now to receive up to a £3,000 moving in contribution!
A new direction in modern living, life as you choose to live it!
Aspect Croydon offers an excellent opportunity to buyers to get on the property ladder in a stylish, high-specification home, with Shared Ownership.
Here you'll find the perfect balance of a comfortable, practical apartment, a vibrant growing area full of character and excellent transport links to the heart of the capital and beyond.
Book your viewing appointment now
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Aspect Croydon offers a stunning collection of 1,2 & 3 bedroom apartments available through Shared Ownership.
Apartments at Aspect Croydon benefit from a range of aspects from their full-height windows and winter gardens, which are flooded with natural light and enjoy ever-changing views across the varied landscape. Each apartment is flawlessly fitted and finished with modern bathrooms and kitchens, integrated appliances and light wood features throughout. Benefit from the added luxury of access to a concierge set within an impressive entrance lobby with flexible mezzanine communal space.
Aspect is situated in the heart of Croydon with fantastic transport connections and local amenities on your doorstep. Boxpark Croydon and Croydon High Street are within 5 minutes walk providing instant access to restaurants, bars and shops. Only a short walk away is Wellesley Road tram (1 minute walk) and East Croydon station (5 minutes walk) connecting you with fast transport links into central London and Gatwick Airport. Off-site parking is also available.**
Key Features
Interior Finishes
Light oak wood effect flooring in kitchen and living area
Smooth finished ceilings emulsioned in white to complement the white emulsioned finish of the interior walls
Traditional opening hinged doors onto balconies
Energy efficient under floor heating
Low energy LED white downlighters throughout
Bedroom
Twist super carpet in stone
Built in mirrored wardrobes to the master bedroom
Kitchen
Contemporary white and cashmere units
Quartz stone laminate worktops and splashback
Electric ceramic hob
Integrated oven
Integrated fridge freezer
Integrated dishwasher
Freestanding washer dryer in separate utility cupboard
Wood strip island backboard
Bathroom and en-suites
White bath panel with glass screen
White shower tray with a glass screen (en-suites)
Albany white floor and wall times
Manhattan feature wall tiles
Matt white walls
Chrome towel rail
Semi recessed hand basin and chrome mixer tap
Feature sage gloss tiles with a wooden shelf above basin
Vanity mirror unit above shelf
Communal areas
Passenger lifts located within entrance lobby
Concierge
Mezzanine communal space
Cycle storage
What is Shared Ownership?
Shared Ownership is a government backed scheme allowing you to buy a share in a property from 25% to 75% of the full market value and pay a subsidised rent on the remainder. Because you only have to put down a deposit on the share you buy, you won't need to save as much for a deposit as you would if you were buying outright. Affordability and eligibility criteria applies.
**Estimated mortgage payments assume an interest rate of 5% using a 10% deposit over 25 years on a repayment basis. The actual interest rate can vary. The monthly rent is calculated at 2.75% per annum of the value of the share that is not purchased. Service charge is only an estimate and may increase in future
***Images and CGIs are for illustrative purposes only.
**Off-site parking is available at additional cost via a third party provider. For details of parking provision and pricing please speak to our Sales Team.
*Not in conjunction with any other offer or scheme. No cash alternative. Offer may be removed or changed at any time.£3,000 moving in contribution is based upon a 25% share value and is available on selected plots and subject to availability. Terms and conditions apply, contact our team for details. Offer is subject to selecting a solicitor and broker from an agreed panel of firms only. Reservation fee must be paid on or before [27.04.24]. The purchase must exchange within 28 days and complete within the timeframes set by Notting Hill Genesis. April 2024
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan BrochureMap
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 £350,000, £4,375 Min Deposit. Calculated using a representative rate of 5.26%
