1 bedroom apartment for sale
Cicely Court, 153 Stafford Road, Croydon, CR0 4NN
Share percentage 35%, full price £220,000, £7,700 Min Deposit.
Share percentage 35%, full price £220,000, £7,700 Min Deposit
Monthly Cost: £1,151
Rent £563,
Service charge £199,
Mortgage £389*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smartly-presented flat is on the first floor and has a dual-aspect reception room with south-east-facing Juliette balcony and a spacious, open-plan kitchen area featuring sleek, handle-less units and integrated appliances. There is a good-sized bedroom, a high-spec bathroom with attractive limestone-style tiles and built-in storage has been provided in the entrance hallway. Well insulated walls, high performance glazing and gas central heating make for a very good energy-efficiency rating. Cicely Court has a gated car park, with a space for this flat, and is also just a short walk from Waddon Station, for rail services to a number of destinations including in to London Bridge/Victoria. There are shops nearby and many more within easy reach.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £220,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3t48e9e4]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Home Group.
Tenure: Leasehold (125 years from 01/01/2017).
Minimum Share: 35% (£77,000).
Shared Ownership Rent: £563.27 per month (subject to annual review).
Service Charge: £198.90 per month (subject to annual review).
Guideline Minimum Income: Dual - £35,700 | Single - £42,000 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Croydon. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets only permitted with written approval from the housing association.
Key Features
- Guideline Minimum Deposit £7,700
- Guide Min Income Dual £35.7k | Single £42k
- First Floor (building has a lift)
- Approx. 534 sqft Gross Internal Area
- South East Facing Juliette Balcony
- Very Good Energy Efficiency Rating
- Parking Space
- Short Walk from Waddon Railway Station
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: No
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 35%, full price £220,000, £7,700 Min Deposit. Calculated using a representative rate of 4.59%
