17 Station Approach Road
Station Approach Road, Coulsdon, CR5 2BT
with min. deposit
2 bedroom flat
Optivo are delighted to offer for sale this well-presented 2 Double Bedroom with allocated parking space and wrap-around balcony.
The current market value is £350,000 for 100%. The minimum 55% share available is priced at £192,500, current rent payable £400.76 pcm, rent is subject to annual reviews. Service charges are currently £162.28 pcm.
The accommodation is briefly arranged as follows:-
Communal Entrance Hall with Stairs and Lift to Second Floor
Bathroom: Bath, Basin & WC
Living Room: 3.95 x 5.08
Open plan Kitchen: 2.89 x 2.02
Bedroom One: 3.18 x 3.81
Bedroom Two: 3.91 x 4.25
Off street parking
|Number of floors||1|
|Entrance floor||Ground floor|
with min. deposit
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