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£121,250

2 bed flat for sale
John George Apartments, Purley CR8

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • New home
  • Shared ownership
  • Leasehold

Connells - Surrey Sussex New Homes

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About this property

  • Available Now

  • Shared Ownership

  • Once it's gone, it's gone! Last 2 bedroom apartment available

  • Join us on Sat 19th July and save £1,500 on your legal fees*

  • Price shown represents 25% share of the full value of £485,000**

  • Prime location - Tree lined road

  • Third floor spacious apartment at 914sqft

  • Luxury kitchen with premium Silestone worktop and appliances / Superior bathroom & en-suite

  • Available for immediate occupation

  • 0.4 miles to Purley Train Station / 25 mins train journey to London Victoria

Summary
Final chance to secure our last 2 bedroom apartment at Russell Hill Road, Purely - Join us on Sat 19th July and save £1,500 towards your legal fees* Book your appointment now.

Description
Don't miss the chance to snap up the final stunning 2 bedroom apartment on Russell Hill Road. Join us on Saturday 19th July at our open event, viewings are by appointment only.

Nestled on a peaceful, tree-lined street in a highly desirable residential area, John George Apartments offer a selection of 1 and 2 bedroom shared ownership homes. Whether you're a first-time buyer, looking for more space or downsizing, these apartments provide the perfect balance of affordability and modern living.

The open plan living, kitchen, dining area is the standout feature of this apartment, enhanced by beautifully engineered wood flooring and private balcony. The kitchen boasts sleek gloss finished units and stylish white Silestone worktop and is fully equipped with Zanussi appliances, including built in oven, hob and extractor, washer dryer, fridge freezer and dishwasher, offering both functionality and elegance.

The bedrooms provide a cosy retreat, complete with soft luxury carpet and en-suite to the master. The bathroom and en-suite are beautifully designed with shower over bath and enclosed shower cubicles to the en-suite, chrome heated towel rail, and full height mirror, all set against porcelain-tiled walls and flooring.

These homes are available for immediate occupation.

Additional Information
Purley's excellent transport links means its an ideal location for anyone who wants to enjoy the capital without living among the hustle and bustle. Sat on the southern edge of London where the city meets Surrey. Purley's close proximity to the capital makes it ideal for commuters - a 10-minute walk takes you to Purley Train Station, with London Bridge and Victoria station just 25 minutes away. Croydon's popular town centre is just 3.5 miles away. Yet you can be in open green space just a few minutes' walk from home and enjoying areas of outstanding natural beauty within a 30-minute drive.

Each apartment come with the security of a 990 year lease and structural warranty offering peace of mind and long term stability.

Shared Ownership*
If you are struggling to find a home you can afford or you don't have enough money saved for a deposit, shared ownership might be the solution. The scheme allows you to buy an affordable percentage of a home while paying rent on the rest. You have the option to increase your percentage over time or if you want to move simply sell your percentage as you would any other property.

To qualify for the scheme at John George Apartments, there are some general requirements you must meet;
-You must be 18 years or older
-You must have a household income of less than £90,000 per years as this scheme is based within London
-You must be unable to afford to buy a suitable home outright on the open market
-You must be a first time buyer or if you own another home, you must sell this before completing on your new purchase and have a buyer in place at point of application.
-Applicants from all boroughs who qualify for shared ownership may apply, however, priority will be given for purchasers who currently reside or work in the London Borough of Croydon.

Applicants will be required to have a financial assessment by an Independent Financial Advisor appointed by Hexagon to assess affordability in line with the Affordable Homes guidelines set by the hca/gla. You will also be required to submit a credit report.

Your home is at risk if you fail to keep up payments on your rent or mortgage. Please make sure you can afford the repayments before committing to purchase.

*Incentive will apply when using Hexagon Housings recommended financial advisor and solicitor

** Rent and service charges apply

Key Facts About This Apartment
Plot 27
Full market value £485,000
25% share value £121,250
Service charge estimated £180.43 per month
Rent on the unsold equity £834 per month
Tenure: Leasehold
Lease term: 990 years
Ground rent: Peppercorn
For more information, please refer to the Key Information Document

Disclaimer
All measurements shown on floor plans are taken from their maximum point where applicable. Images are CGIs/digitally dressed by ai and from the show home and used to provide indicative finishes only.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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More information

  • Tenure

    Leasehold (990 years)

  • Service charge

    £2,165 per year

  • Council tax band

    Ask Agent

  • Ground rent

    £0

  • Ground rent date of next review

See all recent sales in CR8

Property descriptions and related information displayed on this page are marketing materials provided by - Connells - Surrey Sussex New Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Connells - Surrey Sussex New Homes for full details and further information.