Share Price £198,750 (from 75% Min. Share)

Full Value £265,000 | £9,938 Min. Deposit

Scheme: Shared Ownership Resales

check_circle Available now

1 bedroom apartment in Croydon

place 2, Wandle Road, CR0 1FJ

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail

Optivo Resales

favorite_outline Save Property

1 Bedroom 4th Floor Flat with balcony


Eligibility

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.

 


Description

 

Current Market Valuation              £265,000

Share available                               40% at 106,000

Current Rent                                   £379.06

Service Charge                               £216.24

Lease Term:                                     122 Years

EPC                                                    B:85

 

To book a viewing please contact: resales@optivo.org.uk

 

FULL DESCRIPTION

 

Modern 4th floor, 1 bedroom, purpose built flat within a prominent block close to the centre of Croydon with access to both East and West Croydon stations, tram link and all other Croydon facilities.  The property has comfortable overall living accommodation with a private balcony off the living room, two good size bedrooms and a modern kitchen and bathroom.  Benefits include communally operated central heating and double glazing. 

 

Accommodation

 

Ground floor

Communal reception, communal hallway, passenger lift and staircases to all floors, fifth floor communal hallway.

 

Hallway

Generous private hallway

 

Lounge/Kitchen

Fitted carpets to the lounge area with full height doors leading to a private balcony, additional double glazed window, radiators.

 

Tiled floor to the kitchen area, modern kitchen with a range of wall and base units and contrasting work surfaces, integrated electric oven, halogen hob and extractor, 1.5 bowl stainless steel sink unit and mixer tap, integrated fridge and freezer, integrated washer dryer, under unit lighting to eye level units.

 

Bedroom 1, double glazed window, fitted carpet, radiator. 

 

Bathroom: tiled floor, spotlights and mirror, panel enclosed bath with glass shower screen, mixer taps and over-bath shower, part tiled walls, integrated wash hand basin and low level WC, heated towel rail. 

 

Externally: 

Balcony

 

Access to communal terraces on the ninth and tenth floors.

 

Tenure:

The property is held under a lease for a term of 122 year at a peppercorn ground rent. 

 

 

 

 


Key Features

Modern self-contained flat
Central Croydon location
1 good sized bedroom
Private balcony
Central heating
Double glazing
Communal terraces
Long lease


Budget Calculator
arrow_backwards Back to 1 bedroom apartment in Croydon

Calculate Monthly Cost

Share price
£ 198,750
Min. £198,750
Share percentage
Min. 75%
Your deposit
Min. £9,938
Monthly cost*
£1,554
Cost breakdown
£379
Rent
£216
Service charge
£959
Mortgage*
help

Sign in to Register Your Interest mail

Optivo Resales

favorite_outline Save Property

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.