2 bedroom apartment for sale
Warwick Court, 110 Godstone Road, CR8 5GD
Share percentage 30%, full price £290,000, £4,350 Min Deposit.
Share percentage 30%, full price £290,000, £4,350 Min Deposit.
Monthly Cost: £1,204
Rent £527,
Service charge £192,
Mortgage £485*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
· Register your interest (pink button on the right)
· Have a passed initial financial assessment with one of the below companies:
SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)
TMP The Mortgage People (tmpmortgages.co.uk)
Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)
· You have a gross household income of no more than £90000 per annum when eligible to purchase.
· Live or work in the borough
· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)
· You do not already own a home, or you will have sold your current home before you purchase or rent.
· To purchase this 30% minimum share you will need a minimum joint household income of £40998 and available savings of £4350 for a 5% mortgage deposit.
Summary
Southern Housing are delighted to offer for sale this well-presented 2 bedroom ground floor apartment at Warwick court
Description
Fantastic 2 bed property located in the south London. This property benefits from a bright living room, kitchen, generously sized bedrooms, family bathroom & allocated parking
Lease Term: 99 years from 14 August 2003 (The price of your lease extension is likely to be between £19000 and £20000 plus costs.)
EPC Rating: C
Council: Croydon
Council tax band: C
Floor size:63m2
Accommodation:
Entrance hallway
Lounge
Kitchen
Bedroom 1
Bedroom 2
Bathroom
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail [email protected] or [email protected] for the vendors details.
Once you have viewed the property, if you wish to apply, application form attached to the viewing email, need to be returned to Southern Housing Asap
Please note though that if a high volume of applications is received, the deadline might be brought forward.
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
For more information please visit https://www.optivo.org.uk/sales
Key Features
Set in an ideal location for the commuter due to its location being 0.3 miles from Kenley Train Station offering regular services into London Bridge and Victoria. You can also access Blackfriars via Purley station.
This property is a very short walk to local amenities and supermarkets.
Local Information:
Kenley Station
0.1 miles
Riddlesdown Station
0.5 miles
Purley Station
1.1 miles
NEAREST SCHOOLS
Harris Primary Academy Kenley
State School
Ofsted: Outstanding
0.2 miles
Riddlesdown Collegiate
State School
Ofsted: Outstanding
0.5 miles
The Hayes Primary School
State School
Ofsted: Good
0.7 miles
Kenley Primary School
State School
Rating: N/A
0.8 miles
Particulars
Tenure: Leasehold
Lease Length: 99 years
Council Tax Band: C
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £290,000, £4,350 Min Deposit. Calculated using a representative rate of 5.03%
