- 2 Bedrooms
- 50% share available
- Viewing Saturday 23 June. Call 0203 815 2222 to book your appointment.
A two bedroom, second floor apartment in the London borough of Croydon located close to local amenities and transport connections. £155,000 (50% share of £310,000 full market price) available through Shared Ownership.
Monthly Mortgage: £784
Monthly Rent: £325.18
NHHO Service Charge: £159
Notting Hill Administration Fee: N/A
Council Tax: £121.25
Estimated Total (per month): £1,269 excluding council tax
*Service Charge payable to Notting Hill
** The estimated 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
£155,000 (50% share price of £310,000)
- Two private balconies to living room
- Communal gardens
- Close to transport and amenities including a large supermarket
Communal entrance hall with stairs and lift to the second floor
Entrance hall, living room, kitchen, bedroom, bedroom, bathroom/WC
Two balconies to living room
Length of lease
You will need a guidance income of around £45,500 and access to savings of at least £4,000 to cover the cost of buying the home plus a 10% deposit approx. £15,500. Total approximate savings required £19,500.
Important borough specific eligibility criteria
London Borough of Croydon
Open to applicants who live or work in London. Priority will be given to applicants with a connection 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 06/06/2018
|Number of Beds||2|
|Full market price||£310,000|
|Ownership||50% share available|
|Guidance household income||£45,500|
this development is provided by Notting Hill Sales
Notting Hill Sales is the trading name of Notting Hill Home Ownership and related companies.
Location and local area
Thornton Heath Station (0.3 km)