Available

£57,500

City House, London Road, Croydon, CR0 2NS
Share 25% / Full price £230,000 / Min deposit £5,750

Apartment
2 bedrooms
1 bathroom

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Summary

Lovely apartment in great location with good length lease, Close to University Hospital.

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £90,000 or less
  • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

  • you're a first-time buyer
  • you used to own a home but cannot afford to buy one now
  • you're forming a new household - for example, after a relationship breakdown
  • you're an existing shared owner, and you want to move
  • you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Description

** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**

SHARED OWNERSHIP

Full Market Value £230,000

Share Value (25%) £57,500

Monthly Rent £514.66

Service Charge £327.26

Council Tax Band: C

125 year lease commenced January 2009 - 107 Years Remaining

EWS1 Certification is available for this block - B1 rating

Enter this spacious west facing apartment via a hallway with two storage cupboards. Find two double bedrooms and a large square reception room from which the kitchen opens. The kitchen has a range of Beech units with black work surfaces and includes an integrated oven, hob and extractor. a family bathroom completes the accommodation.

The apartment is situated in a popular block within close proximity to amenities and the newly developed Boxpark with a wide variety of bars and restaurants, while there is also a good range of parks and schools nearby. The mainline station, West Croydon, which is minutes away and can have you in London Bridge in under 20 minutes.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £41,431. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2026.

Description

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You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

L&Q Group
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.
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£57,500 Shared Ownership Resale Full price £230,000
Estimated monthly cost £1,127
£

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