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Cairo Apartments

Shared ownership

Cairo New Road, Croydon, CR0 1XP

For salenew home
Shared ownership
Photo of Cairo Apartments
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  • from

    £76,250

    1 bedroom

  • from

    £101,250

    2 bedroom

from

£75,625

with min. deposit

£3,782

Optivo

£75,000

Studio

£78,750

Studio

£78,750

Studio

£76,250

1 bedroom flat

£101,250

2 bedroom flat

£103,125

2 bedroom flat

Availability

For sale

For sale

For sale

For sale

For sale

For sale

Minimum share

30%

30%

30%

25%

25%

25%

Full market price

£250,000

£262,500

£262,500

£305,000

£405,000

£412,500

Deposit from

£3,750

£3,938

£3,938

£19,063

£5,063

£5,157

Monthly rent

£401

£421

£421

£524

£6,963

£708

Monthly service charge

£107.23

£107.23

£107.23

£153.97

£188.04

-

Annual ground rent

-

-

-

£0

-

-

Reservation fee

£500

£500

£500

-

£500

-

Bedrooms

-

-

-

1

2

2

Bathrooms

1

1

1

1

2

2

Reception rooms

1

1

1

0

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

432.7

485.5

485.5

50

790.1

-

Number of floors

1

1

1

1

1

1

Entrance floor

7th floor

8th floor

9th floor

1st floor

7th floor

Higher than 9th floor

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

Lease years

-

-

-

125

-

-

Property features

Central heatingCommunal GardenDouble GlazingLift access
BalconyCentral heatingDouble GlazingLift access
BalconyCentral heatingDouble GlazingLift access
-
BalconyCentral heatingDouble GlazingLift access
Balcony

Overview

At Cairo Apartments, you can buy the home you've always dreamed of. These modern studio, one, two and three-bedroom apartments are available through Shared Ownership to help you take your first step on the property ladder.

Each contemporary home has been designed to offer both comfort and versatility and provide easy access to the fantastic shopping, leisure and entertainment that Croydon is renowned for. Plus, nearby transport links provide easy connections to the rest of the capital and beyond. 

We understand that everyone is different, and that's why all the homes at Cairo Apartments have been built to offer enough versatility to cater for …

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

£75,625

with min. deposit

£3,782

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