2 bedroom apartment for sale
Rosebay Apartments, Russell Hill, CR8 2JB
Share percentage 40%, full price £345,000, £6,900 Min Deposit.
Share percentage 40%, full price £345,000, £6,900 Min Deposit
Monthly Cost: £1,602
Rent £641,
Service charge £192,
Mortgage £769*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Spacious ground floor two bedroom flat in the town of Purley
Description
SHARED OWNERSHIP
- 40% share: £138,000
- Monthly rent: £641
- Monthly service charge*: £162
- Lease Term: 117 Years
- Parking: Allocated Bay
- Council tax Band: D
- EPC rating: B
- £345,000 (Full market value)
This inviting ground floor flat in the town of Purley offers a comfortable lifestyle with excellent transport connections. It's conveniently located close to Purley train station, providing a swift 20-minute journey to both London Victoria and London Bridge.
The property is situated on a quiet residential road within a small block of nine flats, all benefitting from the friendly atmosphere of the neighbourhood. It lies within the catchment area of well-regarded local schools.
The home features a generous living room, perfect for relaxation or entertaining guests.
The kitchen is equipped with modern white goods, including a fridge, freezer, dishwasher, hob, oven, extractor, and washing machine.
The development benefits from a communal garden and a private balcony, providing tranquil outdoor spaces for residents to enjoy.
Homeowner experience:
"The flat is close to Purley train station which is 20 minutes to London Victoria and London Bridge. It's in a small block of nine flats with friendly neighbours, on a quiet residential road and in the catchment area of good local schools. Location is a 30-minute drive to Gatwick airport and 10-minute walk to the high street and Tesco superstore."
Disclaimer for viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. The vendor shall be hosting the viewing and so you name and contact number shall be shared for viewing day purposes only. Please do let us know if you do not wish for your contact number to be shared. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: D
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Part-furnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 40%, full price £345,000, £6,900 Min Deposit. Calculated using a representative rate of 5.03%
