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£105,000

2 bed flat for sale
Cross Road, Croydon CR0

    • 2 beds

  • Shared ownership
  • Leasehold

Peabody - Resale

Logo of Peabody - Resale

About this property

    Property reference number: 1639162

    This is a stunning, 2-bedroom, fourth-floor apartment with a private balcony & integrated appliances in Croydon. The time remaining on the lease is 117 years.

    Croydon is a vibrant and dynamic place with lots of shops, local eateries and bars as well as the famous Boxpark within proximity which has a range of eateries and lots of events from big screen football screenings to music, spoken word, painting, kids events & more. It also has batting cages and axe throwing for the adventurous!

    Coombe Woods Gardens, Selsdon Woods and Nature reserve are less than a 20minute drive. London Bridge and Gatwick are 20 minutes away while Clapham Junction in 15, Brighton in 45, Kings Cross in 30. If you have a car, the M25 is easily accessible and is only 35 minutes away, opening the door for further exploration.


    • Nearest Railway Station: East Croydon & Morden stations
    • Bus Routes Nearby: 410,289,197,312,64,198


    The property located on the 4th floor features:


    • Integrated appliances
    • Lots of natural light through floor-to-ceiling windows
    • Open plan kitchen
    • Private balcony
    • Secure cycle storage
    • Communal gardens
    • Lift access


    What happens after I register my interest?

    You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

    If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody.

    If you still haven’t received the email after checking here, please contact and our team will be able to help you.

    What is Shared Ownership?

    Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.

    Financial information


    • Tenure: Leasehold
    • Remaining Lease Term: 117 Years
    • Annual ground rent amount: £300
    • Ground rent review period: Annually
    • Annual service charge amount: £2,240.16
    • Service charge review period: 1st April annually
    • Council tax band: Band D


    *Financial information is correct as of 10/6/24

    More information

    • Tenure

      Leasehold (117 years)

    • Service charge

      £187 per month

    • Council tax band

      D

    • Ground rent

      £300

    • Ground rent date of next review

    • Shared ownership percentage owned

      30%

    • Shared ownership rent

      £553 per month

    See all recent sales in CR0

    Property descriptions and related information displayed on this page are marketing materials provided by - Peabody - Resale. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Peabody - Resale for full details and further information.