Share Price £87,500 (from 25% Min. Share)

Full Value £350,000 | £4,375 Min. Deposit

Scheme: Shared Ownership

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Leon House - 1 bed apartment in Croydon

place 233 High Street, CR0 9FW

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New Year New Home with 5% Deposit Paid *


Eligibility

  • have a combined household income under £90,000
  • not own a property, or part of a property, at the time of completing on your purchas
  • have a minimum of £5,000 to cover the costs of buying a home

Description

SHARED OWNERSHIP apartment available to purchase from a 25% share at £87,500 with a deposit of £4,375. Full market value £350,000. Book your viewing today of this spacious one bedroom apartment which has a high specification located in Central Croydon.

Plot 73 is a one bedroom, Type 2** apartment, situated on the 7th floor and is south facing.

The entire apartment benefits from natural light flooding in from the large floor to ceiling windows. The kitchen has been designed to make life simple and stylish, including a Bosch electric and induction hob, integrated fridge/freezer and dishwasher. The handle less design and muted colour palette means the kitchen blends into the background.

The bedroom continue the apartment seamless approach with a dedicated wardrobe and storage space for each room, all finished with soft cut pile carpets and matt eggshell painted walls. Underfloor heating means a consistent temperature and maximises room space for furniture layouts.

These homes offer all your lifestyle needs; the sky garden provides a large semi sheltered space with fantastic views across London, you can book the private dining facility and have a larger gathering of friends. If you work from home, you can have a break from your apartment and work in the dedicated workspaces in the large ground floor lobby, there are bookable meeting rooms there too, so you needn't leave even for a meeting! The Concierge is there to help with all this, plus take in parcels etc.

Location

The London Borough of Croydon is finally coming of age. New retail, dining and office development is transforming Croydon. From new tech start-ups to Boxpark, it is one of London's fastest growing economies. Uniquely located, high speed road, rail and tram connections integrate Croydon into Central London and the South East.

Westfield is bringing a whole new dimension of shopping to Croydon. On the site of the former Whitgift Centre and Centrale, Westfield Croydon will include a flagship John Lewis store, plus dozens of other big-name fashion and designer retailers, restaurants and bars.

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.

About Legal and General Affordable Homes

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.


New Year New Home with 5% Deposit Paid *

*Terms and conditions and eligibility criteria apply. 5% deposit contribution will be provided as an allowance upon legal completion and is applicable on reservations made before 31st of January 2020 and subject to exchange of contracts within 28 days. Prices and details correct at time of broadcast.

**See Download Documents link below to view the Type 2 plan.


Key Features

  • Contemporary handle-less kitchen with integrated appliances and composite worktop
  • Luxury bathroom with feature storage, black heated towel rail and modern sanitary and brassware
  • Engineered oak plank flooring and under floor heating
  • Open plan living facilitated by concealed sprinkler system
  • Hyperoptic broadband providing superfast broadband connectivity
  • Concierge service, Sky garden with private dining facilities, Bespoke flexible working areas in Communal space
  • 10 year Premier guarantee build warranty

Download Documents

Property brochure 1

Accessibility

E – Step Free

No published access design guidance. These are properties that are considered general needs housing but have a level approach/entrance into the property and throughout. Properties in this category that have an internal flight of stair will be likely to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 87,500
Min. £87,500
Share percentage
Min. 25%
Your deposit
Min. £4,375
Monthly cost*
£1,132
Cost breakdown
£602
Rent
£105
Service charge
£425
Mortgage*
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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.