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Drummond Road

Help to Buy

Drummond road, Croydon, SE19 3JB

Coming soonnew home
Help to Buy
Photo of Drummond Road
Live from space album cover
  • from

    £315,000

    1 bedroom

  • from

    £435,000

    2 bedroom

from

£315,000

with min. deposit

TBD

BxB

£315,000

1 bedroom flat

£435,000

2 bedroom terraced house

£460,000

2 bedroom flat

Availability

For sale

For sale

For sale

Full market price

£315,000

£435,000

£460,000

Monthly service charge

£0

£0

£0

Bedrooms

1

2

2

Bathrooms

1

2

1

Reception rooms

1

1

1

Number of floors

1

1

1

Entrance floor

-

-

Ground floor

Tenure

leasehold

leasehold

leasehold

Overview

Designed by Stirling Prize winning practice Mikhail Riches, the 28 beautiful new homes are a fantastically central location.

One block is set above a new commercial unit with new flats arranged around a raised roof terrace with views to the Old Town skyline. The second block, fronts onto Drummond Road, a key east-west route within the town centre.

All are available with London Help to Buy.

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

from

£315,000

with min. deposit

TBD

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