1 bedroom apartment for sale
Flat 40 Prospectus Place, 7 Haling Park Road, CR2 6NX
Share percentage 40%, full price £260,000, £5,200 Min Deposit.
Share percentage 40%, full price £260,000, £5,200 Min Deposit
Monthly Cost: £1,120
Rent £400,
Service charge £155,
Mortgage £565*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
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
A well-presented one-bedroom second-floor apartment with allocated parking, located in a modern purpose-built development in Croydon
Description
This spacious one-bedroom apartment is situated on the second floor of a three-storey block built in 2005. The property features a generous open-plan living and dining area, a modern fitted kitchen, a double bedroom, and a contemporary bathroom.
The building benefits from secure entry, well-maintained communal areas, and allocated on-site parking. The property is connected to mains gas, electricity, water, and drainage, with heating provided via a gas central heating system.
Price: £260,000 (Full Market Value)
Shared Ownership: 40% share (£104,000)
Monthly Rent: £399.86
Service Charge: £154.88
Lease Term Remaining: Approx. 168 years
Council Tax Band: C
EPC Rating: C
Tenure: Leasehold
Parking: Allocated parking space
Prospectus Place is located just off Haling Park Road in South Croydon, a popular residential area with strong demand. The property is within walking distance of South Croydon Station, providing direct links to London Bridge and Victoria. Local amenities include shops, cafés, parks, and schools, with Croydon town centre nearby for additional shopping and leisure options.
Key Features
One-bedroom second-floor apartment in a modern development
Approx. 48.6m² of internal space
Open-plan living/dining area with fitted kitchen
Gas central heating and double glazing
Allocated parking space
Excellent transport links to Central London
Particulars
Tenure: Leasehold
Lease Length: 168 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: No
Year property was built: 2005
Unit size: 48.6 sq m
Communal lift: No
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Double Glazing, Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTC (Fiber to cabinet)
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 40%, full price £260,000, £5,200 Min Deposit. Calculated using a representative rate of 4.78%
