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1 bedroom apartment for sale

Available

FLAT 86 Verde House, 1 Cairo New Road, CR0 1GE

£84,000 · Shared Ownership Resale

Share percentage 30%, full price £280,000, £4,200 Min Deposit.

Available
1 bedroom
1 Bathroom
£84,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £280,000, £4,200 Min Deposit

Monthly Cost: £1,256
Rent £591, Service charge £209, Mortgage £456*

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.
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Summary

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

Description

EPC rating - B 85

Council tax band - E

Lease - 250 years from commencement date 01-10-2020

Full market value - £280,000

30% share available at £84,000

Current rent PCM - £591.06

Current service charge PCM - £209.22

We have carried out a PAS9980 assessment which identifies the materials used in the external wall system. This resulted in no remediation works required. We currently await to receive a satisfactory EWS1 to be issued.

Accommodation:

The accommodation comprises as follows:

Internally:

Ground floor - Entryphone system to the communal lobby area, security door to the passenger lift and stairwell.

Tenth floor - Bedroom, reception/kitchen, hallway, bathroom with WC.

Externally - A balcony is accessed from the reception area. On site residents permit parking.

The property's approximate floor area is 51sqm (excluding the balcony).

The floors are made from a concrete construction and the windows are double glazed units.

Services

All main services are available except gas. The hot water and space heating is provided by a communal plant room and air flow system.

The moment you walk through the front door, you will soon realise its full potential.

First up is the hallway and large storage cupboard, an ideal place for storing your everyday items such as your coats, shoes and much more.

Has one great sized, double bedroom, with plenty of floor space for your double bed, wardrobe, chest of draws. Benefits from white walls and light grey carpeting.

This large bathroom has dark brown wall and floor tiles. Is fully equipped with a bath, over the head shower unit, sink basin, toilet, large wall cupboard above the sink and wall radiator. This sized bathroom is hard to come by and is an ideal location to relax after a busy day at work

A beautiful and well sized living room and open plan kitchen.

This living room has plenty of natural light due to the windows and doors leading on to your balcony. Features white coloured walls and benefits from laminate/wooden flooring with plenty of floor space for your sofa, coffee table, TV and storage unit.

A fantastic size kitchen that is fully functional, is of modern design and high specification, has plenty of cupboard and countertop space for your everyday needs and utensils. Has integrated appliances such as an oven, hob, over the head extractor fan, fridge/freezer, washing machine, sink and draining board area.

An ideal place to host gatherings for friends and family.

Key Features

Location:

The property is a one bedroom, tenth floor flat within a 13 storey residential development in Croydon, Surrey that falls under the London Borough of Croydon.

Is within proximity of Reeves Corner Tram stop and a short distance to the nearest rail mainline and overground station: West Croydon, with services into Central London

Is within an easy reach of the many local shopping and recreational facilities within the area.

Particulars

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

Map
West Croydon (0.32 miles) East Croydon (0.62 miles) Waddon (0.71 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.

£84,000
Shared Ownership Resale
Estimated Monthly Cost:£1,256
Rent £591
Service Charge £209
Mortgage £456

Share percentage 30%, full price £280,000, £4,200 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.