- 1 Bedroom
- 30% share available
- Call 0203 815 2222 to book a viewing.
Second floor, one bedroom home in the London borough of Croydon for £84,000 30% share of £280,000 full market price, available through Shared Ownership.
Monthly Mortgage**: £424.87
Monthly Rent: £326.02
Estimated Monthly Service Charge*: £135
Notting Hill Administration Fee: £13.50
Council Tax: £121.25
Estimated Total (per month): £899.39 excluding council tax
* Service charge payable to HML.
**The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£84,000 (share price 30% of 280,000)
- Allocated parking
Entryphone system to communal hallway, passenger lift and stairwell, second entryphone to communal core hallway
Bedroom, reception/kitchen, hallway, bathroom with WC
Patio/terrace accessed from the reception room, one allocated parking space
B – Wheelchair accessible essential rooms
Length of lease
You will need to be earning a guidance income of £32,410. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £8,400. Total approximate savings required £12,400.
Important borough specific eligibility criteria
Pan-London with priority to applicants living or working in Croydon.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Details correct as at 19/09/2018
|Number of Beds||1|
|Full market price||£280,000|
|Ownership||30% share available|
|Guidance household income||£32,410|
Location and local area
Waddon Marsh (0.48km)
Wandle Park (0.48km)