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Sammi Court 4 Parchmore Road Thornton Heath Surrey CR7 8LU

  • 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 Fees
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)

Key Features

  • Communal gardens

Ground floor
Entry phone system to communal, hallway, passenger lift and stairwell

First floor
Two bedrooms, reception/kitchen, hallway, bathroom with WC

External
No external facilities

GIA
63 sq. m as per RICS valuation

Accessibility rating
F – General Access

EPC rating
B

Length of lease
114 years

Borough
Croydon

Download floorplan

Eligibility 

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

Prices

Number of Beds 2
Full market price £290,000
Ownership 40% share available
Rent £385.430000 pcm
Guidance household income £41,943
Status Available Now
Service charge £161.91

Location and local area

Local Transport

Thornton Heath Train Station (0.16 km)