£93,000
1 bed flat for saleSylvan Hill, Crystal Palace, London SE19
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
One bedroom apartment
Modern kitchen
Private garden
Good travel links
Available for 30% share
5% minimum deposit only
This colourful, well presented one bedroom apartment is now available in South-East London (Crystal Palace) through Shared Ownership.
The property on the ground floor, comprises of a living room with a modern open plan kitchen, a double bedroom, a bathroom and storage.
Outside, there is a private garden. Perfect for couples or singles.
Available for £93,000 for 30% share based on the marketing figure of £310,000.
Monthly rent - £602.06
Monthly Service Charge - £98.74
Total Monthly Charge - £700.80 plus mortgage required for 30% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
Location
The 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 rating
Energy rating band - B
Environmental impact band - B
Other information
How 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.
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.
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More information
Tenure
Leasehold (993 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
30%