1 bedroom apartment for sale
Flat 6 Merstham House, 3 Iron Railway Close, CR5 3LF
Share percentage 30%, full price £320,000, £4,800 Min Deposit.
Share percentage 30%, full price £320,000, £4,800 Min Deposit.
Monthly Cost: £1,280
Rent £593,
Service charge £152,
Mortgage £535*
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
Lovely 1 Bedroom, Ground Floor Flat in Coulsdon
Description
Southern Housing present the opportunity to purchase this lovely 1 bedroom, ground floor flat in Coulsdon. A large town located within the London Borough of Croydon. A very much appealing destination for those looking to move within London; providing a great mixture of Urban pacing but a Rural Charm.
Upon entering the property, initially to your right there is a large storage cupboard immediately offering additional space to store your belongings ensuring that your home remain organised and as how you like it. Following through the property, you'll get a real feel for the space that it has to provide especially when entering the open plan Kitchen/Living Area. A large room that offers great space for your essentials including a large sofa, table+chairs and a TV/Entertainment setup; given the space it also open the opportunity for yourself to have guests or family round to view your new home also. The outdoor patio area is a nice feature offering the possibility to put a table and chairs out so that you'd be able to enjoy it when the weather is right. The properties only double bedroom features ample space for a large bed, additional storage units as well as the possibility to have a TV setup in there for yourself also.
Located on the North Downs, you will be close to beautiful natural landscapes like Farthing Downs and Happy Valley. Your new residence is surrounded by a variety of local conveniences; the large Waitrose in Coulsdon is just a short 5-minute walk from your front door, and Aldi is even closer. Coulsdon also boasts several local bars, restaurants, and coffee shops, offering excellent options for a night out. The town's numerous parks and green spaces are home to various local sports teams, including Coulsdon Athletic, South London Harriers Athletics Club, and Chipstead Rugby club is less than a 10-minute drive away.
Full Price: £320,000
Share 30%
Share £96,000
Rent: £592.66
Service Charge: £151.57
Lease Remaining: 118 Years
EPC Rating: B
Council Tax Band: C
Key Features
- Immaculate Condition
- Great Local Area
- Spacious Property
- Large Amounts of Storage Space
- Great Local Amenities and Transport Links
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 30%, full price £320,000, £4,800 Min Deposit. Calculated using a representative rate of 5.03%
