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1 bedroom apartment for sale

Available

Woburn Road, CR0 2AB

£112,500 · Shared Ownership Resale

Share percentage 50%, full price £225,000, £5,625 Min Deposit.

Available
1 bedroom
1 Bathroom
£112,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £225,000, £5,625 Min Deposit

Monthly Cost: £1,073
Rent £281, Service charge £181, Mortgage £611*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

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Eligibility

You have a gross household income of no more than £90,000 inner London/£80,000 outer London per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.


You are unable to purchase a suitable home to meet your housing needs on the open market


Be a first time buyer, if you are indeed a current home owner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.

Summary

Southern Housing are delighted to offer for sale this immaculate one bedroom, flat located in Croydon.

Description

EPC rating - C

Council tax band - C

Lease - 99 years from commencement date 01-01-1997 (70 years unexpired).

Full market value - £225,000

50% share available at £112,500

Current rent PCM - £281.21

Current service charge PCM - £180.72

Accommodation:

The property is a one bedroom, third/top floor flat within a four storey purpose built block.

The large sized living room has the benefits from wooden flooring and light coloured walls making it bright and breezy.

Has plenty of floor space for your large sofas, TV and storage set up.

The narrow sized kitchen will meet your everyday needs with countertop and cupboard for plenty of storage. Has the benefits of a sink/draining board area, integrated oven with an over the head extractor fan. Has space for your own washing machine, tumble dryer and fridge/freezer.

This good sized master bedroom comfortably fits a king-size bed, as pictured and benefits from a double sized built in wardrobe

The bathroom is fully functioning and has a bath with an over the head shower unit, sink basin and toilet.

Has a communal back garden area.

The accommodation comprises as follows:

Ground floor:

Entryphone system to the communal hallway and stairwell

Third/top floor:

One master bedroom, an L shaped reception/kitchen, hallway and bathroom with WC

Externally:

One secure allocated parking space

An approximate floor area of 47sqm

All service mains are available . Hot water and space heating is provided by a gas fired central heating system.

Had a new Worcester Bosch boiler was installed in November 2024.

Location:

The property falls under the London Borough of Croydon.

The flat is within walking distance of East and West Croydon train stations, as well as the West Croydon bus and tram stations;

Electric car charging points are available on Tavistock Road;

Is within reasonable proximity of Croydon Town Centre with a wide range of shopping and recreational facilities.

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Map
West Croydon (0.22 miles) East Croydon (0.39 miles) Selhurst (0.90 miles)
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

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.

£112,500
Shared Ownership Resale
Estimated Monthly Cost:£1,073
Rent £281
Service Charge £181
Mortgage £611

Share percentage 50%, full price £225,000, £5,625 Min Deposit. Calculated using a representative rate of 4.78%


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.