1 bedroom apartment for sale
28-30 Addiscombe Grove, CR0 5LP
Share percentage 100%, full price £246,000, £24,600 Min Deposit.
Share percentage 100%, full price £246,000, £24,600 Min Deposit.
Monthly Cost: £1,150
Service charge £162,
Mortgage £988*
Calculated using a representative rate of 2.45%
Calculate estimated monthly costs
To be eligible to purchase a Pocket home at this scheme, buyers will need to:
* Live or work in any London Borough
* Have a household income of no more than £90,000 per annum
* Be a first time buyer
Summary
Own 100% of your home at a 20% discount!
Description
Addiscombe Grove CR0, offering one bedroom discounted homes for first time buyers.
We welcome well-behaved pets! You will need to seek permission to keep a pet in your Pocket home, please get in touch for further details.
With an EPC rating of B, these homes qualify for green mortgages - save money on your mortgage rates!
Addiscombe Grove CR0 offers:
- Just a two minute walk from East Croydon station - direct trains to Victoria and London Bridge stations in 15 mins.
- 3x communal roof terraces are located on 9th, 20th and 21st floor - with stunning views across London.
- An indoor Residents' Lounge, a Co-Working Space and a Wellness Room.
- A bicycle store and maintenance station, providing ample secure cycle storage for everyone who needs it.
- Plentiful local amenities: Boxpark Croydon is the perfect place to eat out and meet with friends, whilst Croydon High Street and the Whitgift Centre both provide ample shopping opportunities.
Addiscombe Grove is a car-free development (apart from with respect to two shared spaces for Blue Badge holders available on a first come first serve basis), and homeowners will not be granted a residents or visitor parking permit. These homes come with a 123-year lease and a Residents Management Company (RMC) has been formed by homeowners at Addiscombe Grove. A communal boiler delivers heating and hot water; each resident is billed according to their own controlled usage and cannot change gas suppliers. Wiring for Sky+/Sky Q, BT telephone and BT Openreach Fibre and residents will receive a Hyperoptic Wi-Fi installed with a 3-month free service - please refer to Ofcom Checker for mobile phone/broadband coverage in the local area. When the time comes to resell a Pocket home, you will initially have to try to find a buyer who meets the eligibility criteria. Subletting is only permitted in extenuating circumstances. There is no commercial premises based on-site. Images are of a typical Pocket home at Addiscombe Grove CR0.
Key Features
- Big, floor to ceiling windows for loads of natural light. To maximise the feeling of space, Pocket homes have large windows, allowing light to flood the rooms.
- Fully-fitted kitchen with Corian worktops, an undermounted sink and integrated appliances: ceramic hob, oven and fridge with freezer compartment.
- High-quality timber laminate wide board flooring in a light oak finish, running throughout the living areas for a modern feel.
- Central heating: well-placed radiators throughout our homes keep them toasty and warm.
- Modern insulation to keep the heat in & keep running costs low. Pocket flats are cheap to run thanks to the excellent insulation in our efficient buildings.
- We welcome well-behaved pets! You will need to seek permission to keep a pet in your Pocket home, please get in touch for further details.
- EPC rating of B - eligible for green mortgages.
Particulars
Tenure: Leasehold
Lease Length: 123 years
Council Tax Band: B
Property Downloads
Floor Plan BrochureMap
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 100%, full price £246,000, £24,600 Min Deposit. Calculated using a representative rate of 2.45%
