1 bedroom apartment for sale
City House, CR0 2NS
Share percentage 75%, full price £184,000, £13,800 Min Deposit.
Share percentage 75%, full price £184,000, £13,800 Min Deposit
Monthly Cost: £1,143
Rent £143,
Service charge £315,
Mortgage £685*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
One bedroom, third floor apartment with parking close to the University Hospital. Make this home your own, enjoy a £500 B&Q Voucher on completion*.
Description
SHARED OWNERSHIP
Full Market Value £184,000
Share Value (75%) £138,000
Monthly Rent £142.65
Service Charge £314.65
Council Tax Band: C
99 year lease commenced January 2009 - 82 Years Remaining
EWS1 certification is available for this building - B1 rating
Enter this spacious East facing apartment via a hallway with storage cupboard. Find a double bedroom and a large square reception room from which the kitchen opens. The kitchen has a range of Beech units with black work surfaces and includes an integrated oven, hob and extractor. A family bathroom completes the accommodation.
The apartment is situated in a popular block within close proximity to amenities and the newly developed Boxpark with a wide variety of bars and restaurants, while there is also a good range of parks and schools nearby. The mainline station, West Croydon, which is minutes away and can have you in London Bridge in under 20 minutes.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £43,805. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at May 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
Key Features
- Good transport links
- Close to local amenities
- Communal garden including bicycle store
- Right to park in underground car park
- Secure entry phone system and 24 hour concierge
- Communal heating/ hot water system
Particulars
Tenure: Leasehold
Lease Length: 89 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: Yes - Allocated
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 75%, full price £184,000, £13,800 Min Deposit. Calculated using a representative rate of 4.42%
