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3 Laundry Close

Shared ownership

3 Laundry Close, Croydon, CR0 2WJ

For salenew home
Shared ownership
Photo of 3 Laundry Close
Live from space album cover

from

£105,000

with min. deposit

£5,250

35% Share from
£105,000
Full market price
£300,000
Minimum deposit
£5,250
Monthly rent
£546
Monthly service charge
£166.15
Reservation free
£250

2 bedroom flat

This lovely apartment is modern spacious apartment is 12 min walk to East Croydon station, 15 min walk to West Croydon station. With great

transport links by train, tram and bus links to London Bridge, Wimbledon, Gatwick Airport and Brighton.

Kitchen

• Integrated Electrolux single oven, gas hob and fridge/freezer

• Zanussi dishwasher and washer dryer

• Magnet fitted kitchen in Luna White with Mineral Grey work surfaces

• Stainless steel splash back and extractor hood

Bathroom

• Ideal Standard White sanitary ware

• Hansgrohe chrome bath/shower tap and basin tap

• Heated chrome towel rail

• Shaver socket

General

• Carpet to the hallway, living room and …

Features

Communal Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area63
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years125
EER Current81

from

£105,000

with min. deposit

£5,250

35% Share from
£105,000
Full market price
£300,000
Minimum deposit
£5,250
Monthly rent
£546
Monthly service charge
£166.15
Reservation free
£250
Optivo (Resales)

Optivo (Resales)

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.

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