2 bedroom apartment for sale
Cherry Orchard Road, CR0 6GN
Share percentage 25%, full price £472,500, £5,906 Min Deposit.
Share percentage 25%, full price £472,500, £5,906 Min Deposit.
Monthly Cost: £1,675
Rent £812,
Service charge £205,
Mortgage £658*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
To be eligible for Shared Ownership you will need to meet certain requirements set by Homes England and the Greater London Authority (GLA). You could be eligible for Shared Ownership if:
- You are at least 18 years old
- You cannot afford to buy a home that suits your household’s needs on the open market
- You have savings to cover a mortgage deposit and can obtain a mortgage
- You are a first-time buyer
If you already own a home and need to move but cannot afford to – or you have equity from a recent sale – please contact us, as there are some circumstances under which you may still be eligible. In some cases, due to criteria set by local authorities, you may be asked to show a connection to the local area where you’re looking to buy. For instance, you might currently live and/or work there.
Maximum incomes and further eligibility requirements may vary for each scheme. Speak to a member of our sales team if you have any doubts. Before you purchase a Shared Ownership home, we will put you in touch with an independent mortgage advisor who will assess whether the purchase is affordable for you and take you through all your options.
Summary
Home of the Week - Reserve this home and receive a £1000 JL voucher!*
Description
UP TO £6,000 DEPOSIT BOOST AVAILABLE WHEN YOU RESERVE AT CRESCENT GARDENS!*
To help get you moving this Christmas we're gifting you a £1,000 voucher** of your choice. When you reserve your home before 24 December, 2024.
To help you onto the property ladder, we will give you a deposit boost worth up to £6,000. With home ready to move into now, you could be unwinding in your new home sooner than you think! Register your interest to find out more.
CRESCENT GARDENS:
A contemporary collection of new apartments in the heart of Croydon.
Crescent Gardens is in one of the best locations in East Croydon to benefit from the amazing travel connections. You can walk to East Croydon station in 4 minutes, where the train will take you to Clapham Junction in 9 minutes and London Victoria in 15 minutes.
And in East Croydon itself you’ll always find something new to discover, whether it's indulging in some retail therapy, heading to a concert or enjoying the taste of a new cuisine. Crescent Gardens is the perfect place to put down roots in a home of your own and enjoy all that this location has to offer.
THE APARTMENTS:
- Stylish fitted kitchen with integrated appliances, including washing machine
- Flooring throughout
- Generous storage space
- Private balconies to most apartments
- Communal roof terraces
- Parking permits available for selected two bedroom apartments
VIEWINGS:
The Sales and Marketing Suite is open Monday to Saturday, 10am - 5pm
Contact us to book your viewing appointment.
*Terms and conditions apply. Plot specific, maximum incentive available 5% of 25% property share value. Payable on completion. No cash alternative is available. Please speak to your sales advisor for full details. £500 legal fees incentive available for reservation made on Plot 608 by 10th November 2024. Must use a Latimer panel Solicitor. Payable on completion.
**Offer ends 24 December, 2024. This £1,000 voucher incentive is available onselected plots only.No cash alternative is available. Vouchers will be issued electronically to the email address provided as the primary reservation contact after legal completion.Reservation must be taken on or before midnight on 24 December 2024. Please speak to your sales adviser for further details.
Key Features
- 4 minute walk to East Croydon station
- Communal roof terraces
- Skyline views
- Close to local amenities including Boxpark
- Energy efficient homes
- Finished to a high specification throughout
- Integrated appliances
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure Brochure Price ListVirtual Tour
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 25%, full price £472,500, £5,906 Min Deposit. Calculated using a representative rate of 5.03%
