1 bedroom apartment for sale

Available

18 Purley Way, CR0 3FL

£137,500 · Shared Ownership Resale

Share percentage 55%, full price £250,000, £6,875 Min Deposit.

Available
1 bedroom
Private Balcony/Terrace
£137,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £250,000, £6,875 Min Deposit.

Monthly Cost: £1,200
Rent £345, Service charge £89, Mortgage £766*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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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.

Summary

First Floor one bed apartment

Description

Just come on the market, a one bedroom, first floor flat which comprises of a communal entrance hall with lift leading to first floor apartment, with lounge/diner and private balcony.

Croydon has it all. Big name shops, street markets, live music, lively bars and trendy clubs, café culture and a coffee quarter. Boxpark’s fusion of flavours, stunning street art and entertainment venues, places to work and to workout is exactly what you have been looking for!

Whether you’re commuting to work, heading in to the City or making a quick weekend getaway to the coast, you couldn’t have better transport links.

Croydon, in Zone 5, is home to three railway stations – East Croydon, West Croydon and South Croydon. It takes as little as 15 minutes to get into the City or to Gatwick airport from East Croydon station or you could be in Brighton in around 40 minutes.

Croydon’s tramlink system is fantastic, providing links with Wimbledon and the tube and an easy way to travel to destinations between Croydon, Wimbledon, New Addington and Beckenham Junction.

Key Features
  • Internal approximate area 52m²
  • EPC - B
  • Annual ground rent £100
Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: B

Property Downloads
Energy Certificate
Map
Purley (0.35 miles) Purley Oaks (0.78 miles) Reedham (0.83 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.

£137,500
Shared Ownership Resale
Estimated Monthly Cost:£1,200
Rent £345
Service Charge £89
Mortgage £766

Share percentage 55%, full price £250,000, £6,875 Min Deposit. Calculated using a representative rate of 5.03%


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.