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2 bedroom apartment for sale

Available

38 Cherry Orchard Road, CR0 6BE

£118,750 · Shared Ownership New Build

Share percentage 25%, full price £475,000, £5,938 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony
Floor plan
floor-plan
Floor plan
floor-plan
£118,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £475,000, £5,938 Min Deposit

Monthly Cost: £1,705
Rent £826, Service charge £218, Mortgage £661*

Calculated using a representative rate of 5.03%

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.
  • 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

Spacious Two Bedroom Apartment close to the Station

Description

LAST THREE APARTMENT OF THIS TYPE AND FLOOR PLAN

This two bedroom apartment on the seventh floor has been expertly designed for modern lifestyles.

Well-planned internal spaces; including open plan kitchen/living rooms opening to a balcony. Your new home also comes complete with a stylish fitted kitchen, quality appliances, generous storage space and contemporary bathroom.

All apartments benefit from a 990 year lease. Predicted energy rating for all apartments at Crescent Gardens is B.

Register your interest. We’ll then contact you with further information.

Please note the images are of our show apartment and for illustrative purposes only

Key Features

Two Large Double bedrooms

Spacious Living room

Very close to East Croydon station

Private Balcony

Ready to move into

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan
Map
East Croydon (0.11 miles) West Croydon (0.46 miles) South Croydon (1.00 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: Yes

Dishwasher: No

Fridge/Freezer: Yes

Parking: No

Outside Space/Garden: Yes - Private Balcony

Year property was built: 2023

Unit size: 775

Communal lift: Yes

Accessible measures: Yes - Level access

Flooded within the last 5 years: No

Listed property: No

Heating: Central

Sewerage: Mains supply

Water: Mains supply

Electricity: Mains supply

Broadband: Enquire with provider

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.

£118,750
Shared Ownership New Build
Estimated Monthly Cost:£1,705
Rent £826
Service Charge £218
Mortgage £661

Share percentage 25%, full price £475,000, £5,938 Min Deposit. Calculated using a representative rate of 5.03%


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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.