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453 Purley Way 48251023

Shared ownership

453 Purley Way, Croydon, CR0 4FF

For sale
Shared ownership
Photo of 453 Purley Way 48251023
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from

£117,500

with min. deposit

£11,750

50% Share from
£117,500
Full market price
£235,000
Minimum deposit
£11,750
Monthly rent
£271
Monthly service charge
£191.77

1 bedroom flat

Available through our resale shared ownership scheme, a sixth floor, one-bedroom apartment in Croydon.

   

Property description:

The property comprises a communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated and standalone appliances, private balcony, one bedroom, bathroom with shower over bath and hallway storage cupboard. 

 

The property also benefits from access to a communal courtyard and off-street parking.

 

EWS available 

Lease: Commenced 2013 with 125-year term

Council Tax Band: Croydon Council - B

Approx. Gross Internal Area: 530sq.ft.

 

 

FINANCIAL INFORMATION

Property Value = £235,000

Percenta…

Features

Balcony

Off street parking

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area49.239
Number of floors1
Entrance floor6th floor
Tenureleasehold

from

£117,500

with min. deposit

£11,750

50% Share from
£117,500
Full market price
£235,000
Minimum deposit
£11,750
Monthly rent
£271
Monthly service charge
£191.77
Hyde New Homes

Hyde New Homes

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

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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