2 bedroom apartment for sale
Sammi Court, 4 Parchmore Road, CR7 8LU
Share percentage 50%, full price £250,000, £12,500 Min Deposit.
Share percentage 50%, full price £250,000, £12,500 Min Deposit
Monthly Cost: £1,437
Rent £599,
Service charge £207,
Mortgage £631*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £38,000. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £7,500. Total approximate savings required £11,500.
This property is available to all applicants living or working in London with priority to those living or working in Croydon.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two-bedroom first floor flat in Thornton Heath available through Shared Ownership 30% for £75,000.
Description
Ground floor
- Entryphone system
- Passenger lift
- Stairwell
First floor:
- Hallway
- Kitchen and living room
- Bathroom
- 1 bedroom
- 2 Bedroom
External:
- Narrow balcony accessed from the reception area
GIA
66 sqm
EPC rating
B
Length of lease
107 years remaining
Borough
Croydon
Key Features
- Good transport links
- Close proximity to shops, cafés and Thornton Heath Leisure Centre
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: Not specified
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Private Balcony
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 50%, full price £250,000, £12,500 Min Deposit. Calculated using a representative rate of 4.59%
