1 bedroom apartment for sale
28-30 Addiscombe Grove, CR0 5LP
Share percentage 100%, full price £199,999, £20,000 Min Deposit.
Share percentage 100%, full price £199,999, £20,000 Min Deposit.
Monthly Cost: £950
Service charge £147,
Mortgage £803*
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
Exclusive new offer! Grab yourself a 100% owned home for just £199,999!
Description
Addiscombe Grove CR0 offers one-bed discounted homes for first time buyers and is located just a two minute walk from East Croydon station, providing speedy transport links into central London as well as links across south London via the Tramlink service.
Register now 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 £199,999, £20,000 Min Deposit. Calculated using a representative rate of 2.45%
