£124,250

Bright and modern two-bedroom flat now available in South Norwood, through Shared Ownership.

The flat features an open plan living room and kitchen, two bedrooms, and two bathrooms.

The flat is located on the second floor of a recently constructed building (circa 2021), offering residents a private balcony.

There will be charges payable to the landlord upon completion. Please enquire for further information.

Available for £124,250 for 35% share based on the marketing figure of £355,000.

Monthly rent - £673.30
Monthly Service Charge - £155.54
Total Monthly Charge - £828.84 plus mortgage required for 35% share.

An annual rent increase takes place every April

The property sits in a peaceful residential area with excellent access to local amenities. Within a 10-minute walk, residents can reach South Norwood Leisure Centre, several local supermarkets, and South Norwood Country Park for green space and cycling.

The area also features independent shops, cafés, and healthcare facilities such as Woodside Health Centre, all within a 5-10 minute radius.

Norwood Junction station is just over a mile away, providing direct trains to London Bridge in under 15 minutes and Overground services to Shoreditch and Dalston. Tramlink access is available nearby at Blackhorse Lane, with access to East Croydon in 8 minutes, where you’ll find Boxpark and rail connections to Gatwick Airport in 15 minutes, London Victoria in as little as 16 minutes, and Brighton in under an hour.

Energy rating band - B

Environmental rating band - A

Years remaining on lease: 120

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.