£113,750
1 bed flat for sale75 Montpelier Road, Croydon, Greater London CR8
1 bed
1 bath
Added on
About this property
One-bedroom flat
Private wrap-around patio garden
Local amenities nearby
Great transport links
Available for 35% share
5% minimum deposit only
Bright and modern one bedroom flat now available in South London, through Shared Ownership.
The property features an entrance hallway, open-plan living room and kitchen, one bedroom, a study room and a bathroom. Perfect for singles or couples.
Outside, the property offers residents a private wrap-around patio garden.
So Resi are marketing this property for sale on behalf of the landlord, ReSI Housing Limited.
All enquiries will be initially assessed by So Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.
Information on the criteria and requirements for shared ownership can be found here:
Shared Ownership Eligibility & Affordability Criteria
To process and progress your application, your personal data may be shared with ReSI Housing Limited, Pinnacle Group (the managing agent), and the current shared owner, in accordance with our Privacy Policy.
If you would like a copy of our Privacy Policy, please refer to so Resi Privacy Policy or contact us directly.
Available for £113,750 for 35% share based on the marketing figure of £325,000.
Monthly rent - £609
Monthly Service Charge - £261.00
Total Monthly Charge - £870.00 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
Living in Croydon offers a fantastic combination of suburban tranquillity and excellent connectivity. Situated in the desirable town of Purley, residents enjoy easy access to a range of local amenities including shops, cafés, restaurants, supermarkets, and leisure facilities, while the green open spaces and surrounding parks provide opportunities for outdoor recreation.
The property is ideally located for commuters, with Purley railway station nearby offering frequent direct services to London Victoria, London Bridge, and Gatwick Airport, making travel into Central London and beyond both quick and convenient. Road users benefit from easy access to the A23, connecting to Croydon, Central London, the M25, and the South Coast.
Combining a well-established residential setting with strong transport links and everyday conveniences, Montpelier Road is an excellent location for professionals, commuters, and those seeking a balanced lifestyle.
EPC rating
Energy rating band - B
Environmental rating band - A
Other informationHow 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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Tenure
Leasehold (994 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
35%
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