2 bedroom apartment for sale
Centrillion Point, 2 Masons Avenue, CR0 9WW
Share percentage 50%, full price £325,000, £16,250 Min Deposit.
Share percentage 50%, full price £325,000, £16,250 Min Deposit
Monthly Cost: £1,464
Rent £321,
Service charge £337,
Mortgage £806*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You will need to be earning a guidance income of £46,941.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,250. Total approximate savings required £ 20,250
Important borough specific eligibility criteria
Borough of Croydon
All London applicants will be considered with priority given to people who live/work in the borough.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
First floor unfurnished 2 bedroom apartment in Croydon - 50% Share £162,500 - Full Market Value £325,000
Description
SPECIFICATION
Entrance
Lift and Staircase to all Floors Ramp also available
First floor
• Entrance hall
• Kitchen, lounge and dining room
• 2 Bedrooms
• Bathroom with integral bath/shower
GIA
66 sqm
EPC rating
C
Length of lease
107 years remaining
Borough
Croydon
Key Features
- Close proximity to High Street shopping.
- There are numerous bus routes making the property a convenient for access generally.
- Residents parking available via Croydon Council
Local Transport
- East Croydon station - 0.5 miles
- West Croydon Station - 0.75 miles
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: D
Map
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: No
Year property was built: 2008
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Mains supply
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 50%, full price £325,000, £16,250 Min Deposit. Calculated using a representative rate of 4.42%
