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£76,250
A 1 bed shared ownership property available in Croydon, London
This bright, charming, well decorated one bedroom apartment is now available in Croydon through Shared Ownership.
The property on the ground floor comprises an entrance hall with storage cupboards, a spacious living room with a modern open plan kitchen, one bedroom and a bathroom.
Outside, there is a private balcony and communal grounds. Perfect for couples or singles.
Available for £76,250 for 25% share based on the marketing figure of £305,000.
Monthly rent - £630.40
Monthly Service Charge - £91.43
Total Monthly Charge - £721.83 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationLiving in Croydon has its own unique charm. It is a lively town located in South London, known for its mix of modern and historical places. Many people enjoy the great shopping options, with a large shopping center and various shops around the town. There are also several parks where families can enjoy nature.
Croydon has good transport links, making it easy to travel to central London and other nearby areas. The community is diverse, with many cultures contributing to the town's vibrant atmosphere. You can find lots of different restaurants and cafes offering various types of food. Overall, living in Croydon provides a good balance of urban life and community spirit.
EPC ratingEnergy rating band - B
Environmental rating band - B
Lease informationYears remaining on lease: 994
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 informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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