Share percentage 40%, full price £290,000, £5,800 Min Deposit
Monthly Cost: £1,281
Rent £494,
Service charge £141,
Mortgage £646*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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.
Summary
Southern housing are pleased to present this lovely 1 bedroom, ground floor apartment in Croydon.
Description
Inside you are greeted by a spacious entrance hallway with ample space for storing shoes and coats. There is also a storage cupboard in the hallway.
Next up is the open plan living room/dining area, which features lots of natural light thanks to it's large windows, and have plenty of room for separated living and dining areas if you wish.
The kitchen is fully equipped with lots of storage and counter top space for food prep, and comes with full integrated appliances such as the oven, hob, extractor fan and fridge/freezer.
From here we come to the Master bedroom, which is large double bedroom providing lots of space for your bedroom furniture needs. It also features a built in storage cupboard for even more space.
Finally, you have the modern family bathroom with dark grey tile flooring and a shower over the bath.
Ideally located just off the A222, Milton Avenue has a wealth to offer close by, granting access to all that Croydon has to offer as the London Borough of Culture.
Croydon offers a wealth of different things to do, from exploring different food options and activities such as axe throwing at Box Park (approx. 16 min walk), to enjoying green spaces such as Whitehorse Community. You have excellent shopping in the nearby Whitgift & Centrale Shopping Centre's, which both feed onto Croydon High Street where you can find further shops to explore and excellent restaurants and food trucks from all different countries to try.
There are excellent transport links that connect the property to the whole of Croydon, London and the rest of the UK due to being only 15 minutes walk from East Croydon Station. East Croydon is a central National Railway hub, connecting you to places such as; London Bridge (approx. 18 mins); London Victoria (approx. 17 mins); Reigate (28 mins); Brighton (49 mins); Gatwick Airport (16 minutes) and many more
The property is generously sized for a 1 bedroom apartment and offers lots of natural light and storage throughout. This is alongside the benefit of it's great location within walking distance to Croydon Town Centre and East Croydon Station.
Key Features:
- Full Vale: £290,000
- Share: 40%, £116,000
- Rent: £493.68
- Service Charge: £141.07
- Lease Length: 118 years
Key Features
- Long lease of 118 Years
- Excellent Location
- Great Transport Links
- Lots to do nearby
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 40%, full price £290,000, £5,800 Min Deposit. Calculated using a representative rate of 5.03%
