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£110,000
This bight, charming, well decorated two bedroom apartment is now available in Crystal Palace (South East London) through Shared Ownership.
The property on the first floor comprises an entrance hall with storage cupboards, a spacious living room with a modern open plan kitchen, two good sized bedrooms and a bathroom.
Outside, there is a private balcony, bike storage and communal grounds. Perfect for couples and small families.
Available for £110,000 for 25% share based on the marketing figure of £440,000.
Monthly rent - £940.25
Monthly Service Charge - £156.54
Total Monthly Charge - £1,096.79 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Crystal Palace's town centre, less than a mile away. The railway and overground station is only a 16-minute walk, where a train can lead to London in under an hour.
Croydon is also relatively close, and there's a direct bus which can lead there in about half an hour, depending on traffic.
All amenities are nearby, with more pubs, restaurants and shops in Crystal Palace or Croydon.
There are also several schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 995
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.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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