1 bedroom apartment for sale

Available

Russell Hill, CR8 2JA

£76,875 · Shared Ownership New Build

Share percentage 25%, full price £307,500, £3,844 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
SATURDAY 28TH JANUARY OPEN DAY - BOOK YOUR VIEWING
£76,875 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £307,500, £3,844 Min Deposit.

Monthly Cost: £1,005
Rent £529, Service charge £81, Mortgage £395*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

£
Eligibility

Am I eligible?

  • You must be at least 18 years old.
  • You must be unable to buy a home suitable for your needs on the open market.
  • You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
  • Your annual household income must be less than £90,000.
  • You must be a first-time buyer or existing shared owner.
  • If you already own a home, and need to move but cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.
Summary

LAST FEW APARTMENTS REMAINING - DON'T MISS OUT!

Description

NEW YEAR OFFER EXTENDED: Kick-start 2023 with our reduced reservation fee. Reserve for just £23 in January 2023*

LIMITED AVAILABILITY: Homes ready to move in to now, don't miss out.

NEXT OPEN DAY: Saturday 28th January. Register your interest to book your viewing appointment.

ABOUT CUSHING GARDENS:

Cushing Gardens is a community of beautifully designed homes that deliver the very best in contemporary living. Located in Purley, Cushing Gardens offers the opportunity to live in a highly desirable residential location, handy for commuting and the local shops, at an affordable price.

Each homes has its own private outside space along with a communal garden. Cycle storage and off-road parking to selected plots are also available, and for train travel, Purley station is just a ten-minute walk from Cushing Gardens where it is simple to connect with direct services to central London and the coast.

*Terms & Conditions Apply. Pay just £23 to reserve your new home. Offer ends on 31st January. The sale of the property must be complete by 31 March, 2023. Not in conjunction with any other offer. Speak to your sales adviser if you're already in touch with us.

Key Features
  • Close to central Purley and nearby restaurant’s, bars and supermarkets
  • Cycle parking facilities
  • Desirable new development in established residential area
Particulars

Tenure: Not specified
Council Tax Band: Not specified

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Brochure Price List
Map
Purley (0.46 miles) Reedham (0.74 miles) Purley Oaks (1.03 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£76,875
Shared Ownership New Build
Estimated Monthly Cost:£1,005
Rent £529
Service Charge £81
Mortgage £395

Share percentage 25%, full price £307,500, £3,844 Min Deposit. Calculated using a representative rate of 4.24%


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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.