2 bedroom apartment for sale

Available

Netherheys Drive, CR2 6FG

£142,500 · Shared Ownership Resale

Share percentage 50%, full price £285,000, £7,125 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£142,500 Shared Ownership Resale

Share percentage 50%, full price £285,000, £7,125 Min Deposit.

Monthly Cost: £1,450
Rent £474, Service charge £164, Mortgage £812*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Summary

spacious second floor flat in South Croydon features two bedrooms

Description

SHARED OWNERSHIP
50% share: £142,500
Monthly rent: £474
Monthly service charge*: £163
Lease Term: 115 Years
Council tax Band: c
EPC rating: c
£285,000 (Full market value)


Leasehold Allocated parking This spacious second floor flat in South Croydon features two bedrooms and benefits from great transport links. It's a convenient 10-15 minute walk to Purley Oaks station, with a quick 10 minute bus ride to East Croydon station. The property is situated near various schools, making it ideal for families.

There's also a lovely park behind the flat building with quick and easy access, perfect for a quiet retreat or a leisurely walk. The home offers a bright living area, with a well-planned layout ensuring ample space for relaxation and entertainment.

The kitchen includes an integrated electric hob, oven, fridge, freezer, washing machine, and an extractor fan. The home benefits from one bathroom, providing all necessary amenities for comfort. The parking is allocated, ensuring you always have a spot for your vehicle.

Homeowner experience: "Near various schools. 10-15 minute walk to Purley oaks station. Lovely park behind flat building with quick and easy access. 10 minute bus ride to east croydon station." This property is a leasehold and would make an excellent home for families or professionals seeking a well-connected location.

Disclaimer for viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. The vendor shall be hosting the viewing and so you name and contact number shall be shared for viewing day purposes only. Please do let us know if you do not wish for your contact number to be shared. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Particulars

Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: C

Property Downloads
Floor Plan
Map
Purley Oaks (0.38 miles) Sanderstead (0.51 miles) South Croydon (0.97 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.

£142,500
Shared Ownership Resale
Estimated Monthly Cost:£1,450
Rent £474
Service Charge £164
Mortgage £812

Share percentage 50%, full price £285,000, £7,125 Min Deposit. Calculated using a representative rate of 5.26%


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.