1 bedroom apartment for sale

Available

FLAT 3, 82 Elder Road, West Norwood, SE27 9BB

£96,000 · Shared Ownership Resale

Share percentage 30%, full price £320,000, £4,800 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£96,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £320,000, £4,800 Min Deposit.

Monthly Cost: £1,339
Rent £408, Service charge £396, Mortgage £535*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

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

Southern Housing are pleased to offer this stunning 1 bedroom property.

Description

Inside you are welcomed to an entrance hallway with a storage cupboard and lots of room for shoes and coats.

Next up is the open plan living room and dining area, which also leads to the private balcony. The room has lots of natural light and provides plenty of space for separated living and dining areas if you wish to do so.

The kitchen features lots of storage space, counter top space for all your food prep needs. It also features fully integrated appliances such as the oven, hob and extractor fan.

Next up is the Master bedroom, which is a large double room that has plenty of space for all your bedroom furniture needs. It also features lots of natural light to make the space feel light and airy.

Finally, you have the spacious and modern bathroom complete with a shower over the bath.

Located just outside of Crystal Palace, this property has lots to offer both on the inside and out.

On your doorstep is local supermarket shopping, and in close proximity is a wealth of things to do, such as Crystal Palace Park, Norwood Park and local restaurants, cafe's and bars to enjoy.

You also have excellent transport connections, starting with your allocated parking space in the secure car park meaning you can drive to wherever you wish to go. Alternatively, you could use the excellent public transport connections, with West Norwood Station being a short 15 minute walk away, giving you direct access to London Victoria, London Bridge, Beckenham Junction and West Croydon. You also have lots of local bus routes right outside the property.

The property benefits from large, bright living spaces and lots of storage, making this a perfect home for singles or couples alike. This alongside its allocated parking space in the secure car park and excellent transport links make this one not to miss so register your interest today!

Key Features:

  • Full Market Value:£320,000
  • Share:30%, £96,000
  • Rent:£408.18
  • Service Charge:£395.50
  • Lease length:83 Years
Key Features
  • Allocated Parking Space
  • Excellent Transport Links
  • Lease length of 83 Years
  • Lots to do nearby
Particulars

Tenure: Leasehold
Lease Length: 83 years
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Gipsy Hill (0.60 miles) West Norwood (0.61 miles) Sydenham Hill (1.00 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.

£96,000
Shared Ownership Resale
Estimated Monthly Cost:£1,339
Rent £408
Service Charge £396
Mortgage £535

Share percentage 30%, full price £320,000, £4,800 Min Deposit. Calculated using a representative rate of 5.03%


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.