£62,500
2 bed flat for saleLondon Rd, Croydon CR0
2 beds
1 bath
1 reception
- Shared ownership
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Good transport links
Close to local amenities
Communal garden including bicycle store
Right tp park in underground car park
Secure entry phone system and 24 hour concierge
Communal heating/ hot water system
Shared ownership
Full Market Value £250,000
Share Value (25%) £62,500
Monthly Rent £493.96
Service Charge £300.79
Council Tax Band: C
99 year lease commenced January 2009 - 82 Years Remaining
EWS1 Certification is available for this block - B1 rating
Make this home your own, enjoy a £500 B&Q Voucher on completion*
Enter this spacious apartment via a hallway with storage cupboard. 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 while there is also a good range of parks and schools nearby, as well as the site of Croydon University Hospital and the newly developed Boxpark with a wide variety of bars and restaurants.
The area is well served by excellent local schools. Croydon town centre is just a short distance away for a larger variety of shops, bars, restaurants and amenities. Purley Way provides an array of shops, supermarkets and leisure facilities
West and East Croydon stations are also close-by offering excellent fast and frequent services into Central London, with numerous regular bus routes connecting the surrounding area.
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 £41,891. 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 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 at July 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
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More information
Tenure
Leasehold (82 years)
Service charge
£301 per month
Council tax band
C
Ground rent
Ground rent date of next review