2 bed flat for sale

Ellis Road, Coulsdon, London CR5

This bright and cosy three bedroom apartment is now available in Coulsdon through Shared Ownership.

On the ground floor, the property comprises an entrance hall with storage. A modern kitchen and a WC. On the first floor, there are three bedrooms and a bathroom.

Outside, there is a private balcony, and communal grounds. Perfect for couples or small families.

Available for £133,000 for 35% share based on the marketing figure of £380,000.

Monthly rent - £670.78
Monthly Service Charge - £120.98
Total Monthly Charge - £791.76 plus mortgage required for 35% 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 Coulsdon's town centre, about two miles away; there's also a closer high street called Coulsdon Road less than a mile away.

In Coulsdon, there are plenty of amenities and two railway stations.

The property is also surrounded by green areas, such as the vast Happy Valley, Farthing Downs, and Couldsdon Common.

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.