1 bedroom apartment for sale

Available

2 Stanley Lodge, Osborne Road, CR7 8FN

£105,000 · Shared Ownership Resale

Share percentage 35%, full price £300,000, £5,250 Min Deposit.

Available
1 bedroom
£105,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £300,000, £5,250 Min Deposit.

Monthly Cost: £1,284
Rent £550, Service charge £136, Mortgage £598*

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 when eligible to purchase.
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

Ground Floor Flat

Description

An opportunity to own this ground floor one bedroom apartment, with allocated parking space, which is available from just £105,000 through shared ownership.

The spacious lounge/dining area has floor to ceiling windows/doors that allow plenty of natural light into the room and a door provides access to a private balcony providing useful outdoor space.

The modern kitchen is fitted with contemporary white gloss units with contrasting black work surfaces and includes an integrated oven, hob, extractor fan, integrated fridge freezer and washing machine.

A good size bedroom provides plenty of flexible living space.

The modern bathroom is fitted with a white 3 piece suite, integrated shower unit over the bath, glass shower screen and is fully tiled around the bath. This property is located close to the heart of Thornton Heath.

For commuters, Thornton Heath Train Station ( zone 4) is within walking distance providing direct services to London Bridge & London Victoria.

Early viewing is highly recommended.

Key Features

Key Features

  • One bedroom
  • Internal floor area - 52.7m²
  • Ground floor apartment
  • Allocated parking space with a charging facility for electric vehicles
  • Approximately 118 years remaining on lease
  • Excellent transport links
  • Current energy efficiency rating: B
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: D

Property Downloads
Energy Certificate
Map
Thornton Heath (0.58 miles) Norbury (0.99 miles) Selhurst (1.12 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.

£105,000
Shared Ownership Resale
Estimated Monthly Cost:£1,284
Rent £550
Service Charge £136
Mortgage £598

Share percentage 35%, full price £300,000, £5,250 Min Deposit. Calculated using a representative rate of 5.26%


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.