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£123,125
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.
Up to £6,000 Deposit Boost when you reserve** Terms & Conditions apply please speak to sales consultant for further details
From a little as £6,156 deposit *** this amazing two bedroom apartment could be your next home.
Located on the 8th floor and circa 785 sqft of living accommodation. which has been designed for modern living.
Excellent open plan living spaces which have been carefully planned to maximise space opening out onto your very own private balcony. Stylish modern kitchen with integrated appliances, elegant bathroom suite and comfortable bedrooms space. This apartment has a long 990 year lease, ample storage space and is located very close to East Croydon railway station and Croydon tram link.
A brand new development of high quality shared ownership apartment located in the heart of East Croydon and a stone’s throw away from East Croydon railway station provided frequent and speedy rail service to several Central London stations, Gatwick airport, via the Gatwick express and the South Coast. It’s also close to the beautiful countryside of Surrey and Kent making it the perfect place to put down roots in a home of your own.
Croydon is a highly sort after location due to its excellent shopping facilities, vibrant nightlife, its array of local restaurants and eateries and unrivalled transport facilities.
Why rent when you could buy:
If you compare the average rent in your area with the monthly cost of a shared ownership home you could be pleasantly surprised.
Financial Breakdown *** subject to plot and status
Full market value: £492,500
25% share value: £123,125
5% deposit: £6,156
Monthly Rent on un-owned share (25%) £846.00
Estimated Monthly Service Charge: £211.59
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note images used in this listing are for illustration purposes and are not exact to the property.
** subject to plot
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Countrywide Shared Ownership - London & Essex
