Share Price £210,000 (from 60% Min. Share)

Full Value £350,000 | £10,500 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Croydon

place 2 Wandle Road, Croydon, CR0 1FJ

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Optivo Resales

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Optivo are delighted to offer for sale this well-presented two bedroom flat


Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £90,000 per annum when eligible to purchase.

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.


Description

Residential and commercial area within close proximity to all local amenities

Viewings are by appointment only. Please contact the current vendor to arrange an appointment – Odell 07903 695 435

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to linda.edvardsen@optivo.org.uk

Application forms need to be returned to Optivo ASAP - first come first serve

Please note though that if a high volume of applications is received, the deadline might be brought forward.


Key Features

Two bedroom/one bathroom purpose built modern flat situated on the 2nd floor.

The property is overall in good condition. The property benefits from a balcony.

Entrance hall, kitchen/lounge, bedroom 1. Bedroom 2 and bathroom

Gross internal floor area is 70m2

Concierge Service

Secure Parking space

Close to East Croydon Station


Download Documents

Property brochure 1

Accessibility

D – Easy Access

Compatible with the design standards in Mobility Standard Housing (1974) produced by the DoE and Housing Corporation Scheme Development Standards (pre-1999) and Part M of Building Regulations (2000). The main features of these properties include a level approach to the entrance, wider doorways and more space than in general needs housing. These properties may also have an internal flight of stairs and if so, there is enough space to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 210,000
Min. £210,000
Share percentage
Min. 60%
Your deposit
Min. £10,500
Monthly cost*
£1,691
Cost breakdown
£323
Rent
£322
Service charge
£1,046
Mortgage*
Calculated using a representative rate of 3.94%
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Optivo Resales

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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.