1 bedroom apartment for sale
6-44 Station Road, CR0 2RB
Share percentage 25%, full price £367,500, £4,594 Min Deposit.
Share percentage 25%, full price £367,500, £4,594 Min Deposit
Monthly Cost: £1,318
Rent £632,
Service charge £187,
Mortgage £499*
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 stylish one bedroom 21st floor apartment with private balcony
Description
UP TO £5000 DEPOSIT CONTRIBUTION WHEN YOU RESERVE THIS ONE BEDROOM APARTMENT*
NOW BUILD COMPLETE AND READY FOR OCCUPATION IMMEDIATELY
From as little as £4,593.75. (min 5% Deposit) this stunning one bedroom could be yours! Call us today to reserve your dream home.
A stylish one bedroom apartment located in the heart of Croydon town centre close to excellent rail links. These high specification apartments include stylish fitted kitchens in a sleek grey, with integrated appliances, bathrooms with fitted furniture and modish matt black taps. Each apartment contains ample storage, Amtico flooring throughout, with carpets to the bedrooms.
Your open plan kitchen/living room opens into a winter garden, a space ideal for working or exercising in. When the weather is cold, it can be closed against the elements to become an extension of your living room.
Other benefits include a resident’s lounge, a communal space to socialise with neighbours and guests.
An iconic new building in the heart of Croydon consisting of stylish brand new apartments. The building has a unique entrance façade, incorporating part of what was one of the Country’s first cinemas. Situated very close to excellent transport links for quick and frequent connections towards Clapham Junction, London Victoria and London Bridge. Croydon is a highly sort after location due to its excellent shopping facilities, vibrant nightlife, including the recently refurbished Fairfield Halls, its array of local restaurants and eateries and unrivalled transport facilities, the perfect opportunity to start your property ownership journey. Why rent when you could buy: Is it now time for you to start paying your own mortgage instead of someone else’s? Compare the average rent in your area with the monthly cost of a shared ownership home you could be pleasantly surprised.
Financial Breakdown:
Full market value: £367,500
25% share value: £91,875
5% deposit: £4,593.75.
Monthly Rent on un-owned share £631.64
What is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder. *Please note images used in this listing are for illustration purposes and are not exact to the property.
*Terms and conditions apply. Value of incentive is up to 5% of 25% property share value.
Key Features
Stylish fitted kitchens in sleek grey with integrated appliances.
Bathrooms with fitted furniture and matt black taps.
Ample storage space throughout
Amtico flooring throughout the main living space.
Carpet to the bedrooms.
Underfloor heating.
Resident's lounge and concierge service.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Yes
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 25%, full price £367,500, £4,594 Min Deposit. Calculated using a representative rate of 4.78%
