1 bedroom apartment for sale
Russell Hill Road, CR8 2LD
Share percentage 25%, full price £350,000, £4,375 Min Deposit.
Share percentage 25%, full price £350,000, £4,375 Min Deposit
Monthly Cost: £1,289
Rent £602,
Service charge £200,
Mortgage £487*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- You must be 18 years or older
- You must have a household income of less than £90,000 per years as this scheme is based within London
- You must be unable to afford to buy a suitable home outright on the open market
- You must be a first time buyer or if you own another home, you must sell this before completing on your new purchase and have a buyer in place at point of application.
- Applicants from all boroughs who qualify for shared ownership may apply, however, priority will be given for purchasers who currently reside or work in the London Borough of Croydon.
Summary
Enjoy the Capital without the hustle and bustle with our 1, 2 & 3 bedroom apartments in Purley!
Description
Nestled on a peaceful, tree-lined street in a highly desirable residential area, John George Apartments offer a selection of 1, 2 and 3 bedroom shared ownership homes. Whether you’re a first-time buyer, looking for more space or downsizing, these apartments provide the perfect balance of affordability and modern living.
Open plan living is enhanced by beautifully engineered wood flooring and private balcony. The kitchen boasts sleek gloss finished units and stylish white Silestone worktop and is fully equipped with Zanussi appliances, including built in oven, hob and extractor, fridge freezer and dishwasher, offering both functionality and elegance. The washer dryer has been thoughtfully place in the large storage cupboard in the hall allowing you to enjoy peaceful, uninterrupted open plan living.
The bedroom provides a cosy retreat, complete with soft luxury carpet and built in wardrobe for seamless storage. The bathroom is beautifully designed with a white suite, shower over the bath, chrome heated towel rail, and full height mirror, all set against porcelain-tiled walls and flooring.
Purley’s excellent transport links means its an ideal location for anyone who wants to enjoy the capital without living among the hustle and bustle. Sat on the southern edge of London where the city meets Surrey. Purley’s close proximity to the capital makes it ideal for commuters – a 10-minute walk takes you Purley Train Station, with London Bridge and Victoria station just 25 minutes away. Croydon’s popular town centre is just 3.5 miles away. Yet you can be in open green space just a few minutes’ walk from home and enjoying areas of outstanding natural beauty within a 30-minute drive.
Each apartment come with the security of a 990 year lease and structural warranty offering peace of mind and long term stability.
These homes are available for immediate occupation.
All measurements shown on floor plans are taken from their maximum point where applicable
Applicants will be required to have a financial assessment by an Independent Financial Advisor appointed by Hexagon to assess affordability in line with the Affordable Homes guidelines set by the HCA/GLA. You will also be required to submit a credit report. Your home is at risk if you fail to keep up payments on your rent or mortgage. Please make sure you can afford the repayments before committing to purchase.
Key Features
- Prime location - Tree lined road
- 1st floor spacious apartment
- Luxury kitchen with premium Silestone worktop and appliances
- Private balcony
- 990 year lease
- Available for immediate occupation
- 0.4 miles to Purley Train Station
- 25 mins train journey to London Victoria
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: n/a
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: 538
Communal lift: No
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 25%, full price £350,000, £4,375 Min Deposit. Calculated using a representative rate of 5.03%
