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1 bedroom apartment for sale

Available

Flat 31 Merstham House, 3 Iron Railway Close, CR5 3LF

£116,000 · Shared Ownership Resale

Share percentage 40%, full price £290,000, £5,800 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£116,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £290,000, £5,800 Min Deposit

Monthly Cost: £1,256
Rent £488, Service charge £122, Mortgage £646*

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

Lovely 1 Bedroom Apartment for Sale in Coulsdon!

Description

Southern Housing are delighted to present the opportunity to purchase this amazing third floor, one bedroom apartment available in Coulsdon. Nestled within the London Borough of Croydon, otherwise known as the London Borough of Culture; Coulsdon bringing a unique blend of urban pace and rural bliss.

This amazing home offers a great feel of space upon entering the front door; down the hall you will have a large storage cupboard offering a generous amount of additional storage space ensuring that you're able to keep your home clear and clutter-free, whilst being able to maximise the provided floor area. The main bathroom, styled with a contemporary grey tiled design; fitted with a bath, shower, sink, toilet and heated drying rail leaving you less to worry about once moved in. The properties sole bedroom, offers ample space to house essential belongings such as a large bed, additional storage and a TV setup for example; also provided with an outward opening door to the balcony creating an often needed breeze throughout your home in the summer months. Rounding off this amazing property, you're provided with a great amount of space in the living room to house a large sofa and other essential belongings; allowing enough space to be re-designed and imagined to fit your needs. Also providing access to the Balcony through an outward opening door. The kitchen area comes fitted with a generous amount of cupboards ensuring that each item has its home, leaving a clutter-free countertop; also fitted with an integrated oven, stove and extractor fan making sure that you're almost fully equipped from move-in.

Nestled along the North Downs, you'll be moments away from stunning natural scenes such as Happy Valley and Farthing Downs. Numerous local amenities are close to your new home; Aldi and Waitrose in Coulsdon are only a 5-minute walk from your front door. Coulsdon, also featuring numerous neighbourhood eating establishments, coffee shops, and bars that make it a great place to spend a night out in the town. Local sports teams such as Coulsdon Athletic, South London Harriers Athletics Club, and Chipstead Rugby Club are less than ten minutes away by car. Coulsdon South Train Station, located around a 5 minute walk away from your home; offers access to a wide range of travel routes taking you to destinations such as Bedford, London Bridge, Horsham, Gatwick Airport, Brighton and much more!

Full Price: £290,000
Share 40%
Share £116,000
Rent: £488.09
Service Charge: £122.12
Lease Remaining: 118 Years
EPC Rating: B
Council Tax Band: C

Key Features
  • Immaculate Condition
  • Modern Residential Development
  • Spacious Property
  • Well Serviced by Number of Local Amenities
  • Great Public Transport Access
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Coulsdon South (0.17 miles) Smitham (0.43 miles) Woodmansterne (0.60 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

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

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.

£116,000
Shared Ownership Resale
Estimated Monthly Cost:£1,256
Rent £488
Service Charge £122
Mortgage £646

Share percentage 40%, full price £290,000, £5,800 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.