£122,500

This bright and modern one bedroom flat is now available in Croydon through Shared Ownership.

The property is a ground floor flat within a three storey building. The flat comprises an entrance hallway, living/kitchen area, one bedroom and a bathroom. Perfect for singles or couples.

Outside, the property also benefits from a private terrace.

Available for £122,500 for 35% share based on the marketing figure of £350,000.

Monthly rent - £644.34
Monthly Service Charge - £190.23
Total Monthly Charge - £834.57 plus mortgage required for 35% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is set within a residential area made up of both social and private housing, with convenient access to everyday amenities.

The nearest bus stop is just a 1 minute walk away from the property while Crystal Palace Station is only a 16 minute walk, providing both National Rail and Overground services for easy travel across London.

For groceries, supermarkets are within a 12-16 minute walk or a quick 3 minute drive, giving you flexible options for your daily shopping.

The area is also surrounded by attractive green spaces, including Beaulieu Heights, Westow Park, and Crystal Palace Park, perfect for outdoor activities and fresh air.

In addition, the surroundings between Westow Park and Crystal Palace Park offer a great selection of cafés and restaurants, adding to the convenience and charm of the location.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 993

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.

How 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.