- 2 Bedrooms
- 40% share available
- Viewings on Saturday 29 September 2018. Call 0203 815 1234 to book a viewing.
Two bedrooms first floor flat London Borough of Croydon, available to buy through Shared Ownership. Full market value £290,000, 40% share available, share price £116,000.
Monthly Mortgage**: £616.67
Monthly Rent: £385.43
NHHO Service Charge*: £161.81
Council Tax: £121.25
Estimated Total (per month): £1,163.91 excluding council tax
*Service Charge payable to Notting Hill
** The estimated monthly mortgage is based on an interest rate of 4.99 % 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.
£116,000 (40% Share Price of £290,000)
- Communal gardens
Entry phone system to communal, hallway, passenger lift and stairwell
Two bedrooms, reception/kitchen, hallway, bathroom with WC
No external facilities
63 sq. m as per RICS valuation
F – General Access
Length of lease
You will need to be earning a guidance income of £41,943. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,600. Total approximate savings required £15,600.
Important borough specific eligibility criteria
Open to applicants who live or work in London, priority to applicants connected to 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||2|
|Full market price||£290,000|
|Ownership||40% share available|
|Guidance household income||£41,943|
Location and local area
Thornton Heath Train Station (0.16 km)