£104,000
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.
This spacious one-bedroom apartment is situated on the second floor of a three-storey block built in 2005. The property features a generous open-plan living and dining area, a modern fitted kitchen, a double bedroom, and a contemporary bathroom.
The building benefits from secure entry, well-maintained communal areas, and allocated on-site parking. The property is connected to mains gas, electricity, water, and drainage, with heating provided via a gas central heating system.
Price: £260,000 (Full Market Value)
Shared Ownership: 40% share (£104,000)
Monthly Rent: £399.86
Service Charge: £154.88
Lease Term Remaining: Approx. 168 years
Council Tax Band: C
EPC Rating: C
Tenure: Leasehold
Parking: Allocated parking space
Prospectus Place is located just off Haling Park Road in South Croydon, a popular residential area with strong demand. The property is within walking distance of South Croydon Station, providing direct links to London Bridge and Victoria. Local amenities include shops, cafés, parks, and schools, with Croydon town centre nearby for additional shopping and leisure options.
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