1 bedroom apartment for sale

Under Offer

28-30 Addiscombe Grove, CR0 5LP

£199,999 · Discount Full Ownership

Share percentage 100%, full price £199,999, £20,000 Min Deposit.

Under Offer
1 bedroom
1 Bathroom
Communal Terrace
Pets allowed
Accessible
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Floor plan
floor-plan
Floor plan
floor-plan
£199,999 Discount Full Ownership · Eligibility Eligibility

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%

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Eligibility

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 Brochure
Map
East Croydon (0.12 miles) West Croydon (0.59 miles) South Croydon (0.80 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£199,999
Discount Full Ownership
Estimated Monthly Cost:£950
Service Charge £147
Mortgage £803

Share percentage 100%, full price £199,999, £20,000 Min Deposit. Calculated using a representative rate of 2.45%


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Addiscombe Grove CR0
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.