£214,500
(£316/sq. ft)
2 bed flat for saleCherry Orchard Road, Croydon CR0
2 beds
1 bath
1 reception
678 sq. ft
EPC Rating: B
- New home
- Shared ownership
- Leasehold
Bairstow Eves - South Croydon
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About this property
Apartments ready to view and show homes available
Private balcony and communal terraces
Walking distance to a range of amenities and East Croydon Station
Ready to move into
Situated by East Croydon Station making it perfectly located for commuting into London. Available to purchase from a 25% to 75% share.
£5,000 deposit boost when you reserve A two-bedroom apartment!***
A two bedroom apartment that comprises open plan fitted kitchen/living area with access onto private balcony. The Property also benefits from ample storage space and includes carpeted bedrooms, vinyl flooring in the living area and a tiled bathroom. Other benefits include video entry system, lifts to each floor and access to three communal roof terraces.
Crescent Gardens is a brand new development of high quality shared ownership apartment located in the heart of East Croydon and a stone’s throw away from East Croydon railway station provided frequent and speedy rail service to several Central London stations, Gatwick airport, via the Gatwick express and the South Coast. It’s also close to the beautiful countryside of Surrey and Kent making it the perfect place to put down roots in a home of your own.
Croydon is a highly sort after location due to its excellent shopping facilities, vibrant nightlife, its array of local restaurants and eateries and unrivalled transport facilities.
Why rent when you could buy:
If you compare the average rent in your area with the monthly cost of a shared ownership home you could be pleasantly surprised.
Financial Breakdown:
Full market value: £440,000
50% share value: £220,000
5% deposit: £11,000
Monthly Rent on un-owned share (50%) £505
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note images used in this listing are for illustration purposes and are not exact to the property.
**Subject to availability and separate negotiation.
***Terms and conditions apply, Speak to your sales advisor for further details.
*Terms and conditions apply. Furniture packs are available on all remaining homes up to the value of £4,000 for a one bedroom apartment and up to the value of £5,000 on a two bedroom apartment. This is a limited offer and subject to availability. Speak to the sales team for further information.
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More information
Tenure
Leasehold (987 years)
Service charge
£2,095 per year
Council tax band
E
Ground rent
Ground rent date of next review