Share percentage 30%, full price £295,000, £8,850 Min Deposit
Monthly Cost: £1,254
Rent £615,
Service charge £200,
Mortgage £439*
Calculated using a representative rate of 4.42%
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
One Bed Apartment
Description
Beautifully presented one double bedroom apartment with covered balcony and long lease.
Property has been finished to a high standard with stylish interiors and modern features.
Open plan living area and high gloss fitted kitchen.
Ample built in storage, zone controlled under floor heating and double glazing.
Secure access to the property with CCTV and an on-site building manager.
Communal ground floor garden and 9th floor roof terrace.
Property is located within minutes of walking distance to East Croydon station, well connected to Central London within 15 minutes. A short walk to Croydon Town Centre and many other shops and restaurants, including Croydon Box Park.
Key Features
- Heart of East Croydon Location
- Modern Development
- High Quality Finish
- Bright Spacious Open Plan
- Covered Private Balcony
- Communal Roof Terrace and Garden
- On-Site Building Manager and Secure Access
- Minutes from East Croydon Station and Shops
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: D
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms: 3
Furnished: Unfurnished
Washing Machine: No
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2016
Unit size: 530
Communal lift: Yes
Accessible measures: Yes
Flooded within the last 5 years: No
Listed property: No
Heating: Electric
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 30%, full price £295,000, £8,850 Min Deposit. Calculated using a representative rate of 4.42%
