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
Own 100% of your home for just £199,999. Located on the 5th floor with access to three communal roof terraces, a wellness room and a residents’ lounge.
Description
Own 100% of your home at a deeper discount!
Addiscombe Grove CR0 offering one bedroom, energy-efficient homes located just a two minute walk from East Croydon Station.
All homes are cleverly designed to make the best use of space and a blank canvas for you to decorate. Residents’ will benefit from access to 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.
Just a few minutes' walk away, Croydon High Street and the Whitgift Centre offer plenty of shops and restaurants; walk a little further and you can enjoy the green spaces of Park Hill Park and Wandle Park.
Register online 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%
