1 bedroom apartment for sale
Innerd Court, 1 Clarke Close, Croydon, CR0 2NQ
Share percentage 30%, full price £200,000, £3,000 Min Deposit.
Share percentage 30%, full price £200,000, £3,000 Min Deposit.
Monthly Cost: £959
Rent £466,
Service charge £159,
Mortgage £334*
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 inner London/£80,000 outer London per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.
You are unable to purchase a suitable home to meet your housing needs on the open market.
Be a first time buyer, if you are indeed a current home owner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.
Summary
Southern Housing are delighted to offer for sale this well-presented one bedroom flat
Description
Allocated permit parking
Lease Term: 82 Years
EPC Rating: B
Council: Croydon
Council tax band: B
Due to the good condition and location of this property, viewing asap is strongly advised.
Viewings by appointment only.
*Please note the successful applicant will be required to pay a £300 non-refundable reservation fee once offered the property.
Council Tax Band: B
Tenure: Shared Ownership Leasehold - 30% share
Original length of lease: 99 years
Date lease commenced: from 1 October 2007
Rent : £466.27 per month - 2024/25
Service Charge: £159.42 per month - 2024-25
Key Features
The property is located within a relatively recently constructed development on the outskirts of Thornton Heath. The property benefits from good road communications and bus routes. It is situated approximately 1km south of Thornton Heath Station 1km west of Selhurst Railway Station. Queens Road cemetery is situated to the south of the property as well as Croydon University Hospital to the west.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Map
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 £200,000, £3,000 Min Deposit. Calculated using a representative rate of 5.03%
