1 bedroom apartment for sale
Malvern House, 2 Foxley Road, CR8 5FE
Share percentage 45%, full price £320,000, £7,200 Min Deposit.
Share percentage 45%, full price £320,000, £7,200 Min Deposit.
Monthly Cost: £1,426
Rent £395,
Service charge £229,
Mortgage £802*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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
Beautiful 1 Bedroom Apartment in Kenley
Description
This is a lovely shared ownership resale 1 bed apartment located on the ground floor of the building. This property also benefits from an allocated parking.
Malvern House is set in quiet, leafy surroundings, in a charming residential location, Malvern House seems a million miles from the hustle and bustle of the city. Yet these stylish, new apartments are just a short commute from central London and has an array of fashionable shops, bars and restaurants in nearby Purley and Croydon.
Malvern House is perfect if you are looking to combine the buzz of city life with laid-back living, in a highly sought-after area.
Lease - 125 years from 2015
Total Area - Approximately 48 sqm
Rent and Service charge reviewed each April. Charges shown are effective as of 1 April 2024.
Key Features
Key Features
- Modern Kitchen
- Integrated Appliances
- Engineered oak wood flooring to hall & living areas
- Carpets to Bedroom
- Allocated Parking Space plus visitors parking
- Internal Bike Storage
- Communal landscaping to the rear
Kenley Station is approximately 12 minutes walk Malvern House. From here there are train services to London Victoria(38 Minutes) and London Bridge (35 Minutes). There are also trains from nearby Purley (1.3 miles away), to London Victoria, London Bridge and Gatwick Airport.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure 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 45%, full price £320,000, £7,200 Min Deposit. Calculated using a representative rate of 5.03%
