London Home Show, September 27th
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2 bedroom apartment for sale

Available

Sessile Court, 7a Dickensons Place, SE25 5FL

£124,250 · Shared Ownership Resale

Share percentage 35%, full price £355,000, £6,213 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£124,250 Shared Ownership Resale

Share percentage 35%, full price £355,000, £6,213 Min Deposit

Monthly Cost: £1,504
Rent £673, Service charge £156, Mortgage £675*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Summary

A 2 bed shared ownership property available in Croydon, London

Description

Bright and modern two-bedroom flat now available in South Norwood, through Shared Ownership.

The flat features an open plan living room and kitchen, two bedrooms, and two bathrooms.

The flat is located on the second floor of a recently constructed building (circa 2021), offering residents a private balcony.

Available for £124,250 for 35% share based on the marketing figure of £355,000.

Monthly rent - £673.30
Monthly Service Charge - £155.54
Total Monthly Charge - £828.84 plus mortgage required for 35% share.

An annual rent increase takes place every April

Location

The property sits in a peaceful residential area with excellent access to local amenities. Within a 10-minute walk, residents can reach South Norwood Leisure Centre, several local supermarkets, and South Norwood Country Park for green space and cycling.

The area also features independent shops, cafés, and healthcare facilities such as Woodside Health Centre, all within a 5-10 minute radius.

Norwood Junction station is just over a mile away, providing direct trains to London Bridge in under 15 minutes and Overground services to Shoreditch and Dalston. Tramlink access is available nearby at Blackhorse Lane, with access to East Croydon in 8 minutes, where you’ll find Boxpark and rail connections to Gatwick Airport in 15 minutes, London Victoria in as little as 16 minutes, and Brighton in under an hour.

EPC rating

Energy rating band - B

Environmental rating band - A

Lease information

Years remaining on lease: 120

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Other information

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

Key Features
  • Two bedroom flat
  • Private balcony
  • En-suite master bedroom
  • Local amenities nearby
  • Available for 35% share
  • 5% minimum deposit only
Particulars

Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan
Map
Norwood Junction (0.69 miles) Selhurst (0.88 miles) Elmers End (1.20 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.

£124,250
Shared Ownership Resale
Estimated Monthly Cost:£1,504
Rent £673
Service Charge £156
Mortgage £675

Share percentage 35%, full price £355,000, £6,213 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.