1 bedroom apartment for sale
28-30 Addiscombe Grove, CR0 5LP
Share percentage 100%, full price £238,000, £23,800 Min Deposit.
Share percentage 100%, full price £238,000, £23,800 Min Deposit.
Monthly Cost: £1,103
Service charge £147,
Mortgage £956*
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
- Have a household income of no more than £90,000 per annum
- Be a first time buyer
Summary
Light, airy and spacious one bedroom home located on the 8th floor with views over south London. Enjoy 100% homeownership from day one!
Description
Addiscombe Grove CR0, offering 100% homeownership to first time buyers in London.
The development is designed by award-winning architects Metropolitan Workshop,offering one bedroom discounted Pocket homes, minutes away from East Croydon Station.
Each home is designed to feel light, airy and create a sense of space, whilst having accessto a 9th floor landscaped Social Garden communal roof terrace, 20th floor Nordic Garden and 21st floor Hidden Garden - all with fantastic views over south London - as well as a residents' lounge, a co-working space and a wellness room, all equipped with Hyperoptic Wi-Fi.
Register at pocketliving.com to book a viewing.
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
- Two minute walk from East Croydon Station with excellent links to London, Gatwick Airport and Brighton.
- Fast trains direct to Victoria and London BridgeStations in 15 minutes.
- Three communal roof terraces are located on 9th, 20th and 21st floor - with stunning views across London.
- Residents' lounge and co-working space.
- On-site concierge.
- Wellness room and Hyperoptic Wi-Fi.
- Secure cycle storage.
- EPC rating of B - eligible for green mortgages.
Particulars
Tenure: Leasehold
Lease Length: 123 years
Council Tax Band: C
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 £238,000, £23,800 Min Deposit. Calculated using a representative rate of 2.45%
