3 bed flat for sale

Watney Close, Purley CR8

Shared ownership

Full market value - £345,000

You pay (25%) - £86,250

Monthly rent - £658.121

Monthly service charge - £177.14

Annual ground rent - £100

Council Tax Band: D

125 year lease commenced November 2011 - 110 years remaining

Guidance from the Royal Institute of Chartered Surveyors (RICS) along with government guidance, means that an EWS1 form should not be required for this property. However, we cannot guarantee that Mortgage lenders, brokers and valuers are utilising the same criteria and a lender may request an EWS1 for this property. Please request advice from a mortgage broker when applying for a mortgage.

Enter this triple aspect top floor apartment via a hallway with two storage cupboards and a handy guest cloakroom/WC. There are three double bedrooms served by a family bathroom which incorporates a shower over the bath. A generous open plan living area opens via patio doors onto a private balcony. The modern kitchen is fitted with a range of high gloss wall and base units and includes integrated oven, hob, extractor and firdge freezer and space for a washing machine.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof

Ideally situated just a short stroll from Reedham train station, this apartment is perfect for commuters and families alike, Local amenities, shops and restaurants can be found in Purley Town Centre while popular schools include Beaumont Primary School, St. David's Preparatory School, Woodcote Primary School and Reedham Park School.

Purley Railway Station, a short walk away, provides swift and easy access to London Victoria, London Bridge, Gatwick Airport and Brighton. In addition, local buses serve destinations including Caterham, Banstead, Old Coulsdon, Redhill, Central Croydon, West Croydon and Streatham, while the N68 route provides nightly buses both into and from Central London and Waterloo Railway Station. The M23/M25 interchange at Hooley can be used to access the national motorway network.

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 £45,936. 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 of October 2026.

Local Area Information

Ideally situated just a short stroll from Reedham train station, this apartment is perfect for commuters and families alike, Local amenities, shops and restaurants can be found in Purley Town Centre while popular schools include Beaumont Primary School, St. David's Preparatory School, Woodcote Primary School and Reedham Park School.

Purley Railway Station, a short walk away, provides swift and easy access to London Victoria, London Bridge, Gatwick Airport and Brighton. In addition, local buses serve destinations including Caterham, Banstead, Old Coulsdon, Redhill, Central Croydon, West Croydon and Streatham, while the N68 route provides nightly buses both into and from Central London and Waterloo Railway Station. The M23/M25 interchange at Hooley can be used to access the national motorway network.