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Robinson

Shared ownership

Campbell Rd, Croydon, CR0 2SP

For sale
Shared ownership
Photo of Robinson
Live from space album cover

from

£88,000

with min. deposit

£4,400

40% Share from
£88,000
Full market price
£220,000
Minimum deposit
£4,400
Monthly rent
£388
Monthly service charge
£101.33
Reservation free
£250

1 bedroom flat

This property is ideal for a first-time buyer looking to get on the property market in the south London area.

This property comprises of a large lounge area which leads onto the balcony.

Spacious one bedroom flat with kitchen and separate living room, ample storage and a balcony along with new fittings to include WC. Property also offers secure gated parking and communal garden.

The property further benefits from excellent transport links e.g close proximity to West Croydon and East Croydon train station accessing London Bridge, Victoria, Gatwick and London St Pancras. Tram links into Wimbledon and Beckenham, buses to Brixton and Coulsdon. As …

Features

Allocated parking

Balcony

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years83

from

£88,000

with min. deposit

£4,400

40% Share from
£88,000
Full market price
£220,000
Minimum deposit
£4,400
Monthly rent
£388
Monthly service charge
£101.33
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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