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Traders Quarters

Shared ownership

Overton's Yard, Croydon, CR0 1SL

For sale
Shared ownership
Photo of Traders Quarters
Live from space album cover

from

£137,500

with min. deposit

£13,750

55% Share from
£137,500
Full market price
£250,000
Minimum deposit
£13,750
Monthly rent
£328
Monthly service charge
£189.48
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full market value - £250,000

You pay (55%) - £137,500

Monthly Rent - £328.16

Monthly Service Charge - £189.48

Annual Ground Rent - NIL

99 year lease commenced in June 2006 82 years remaining)

EWS1 certification status for this property is the responsibility of a third party and is currently unknown. 

Traders Quarters is situated in the heart of Croydon's historic old town close to Surrey Street market. East and West Croydon stations are within short walk together with trams in. There's also easy access to the two shopping centres, the cinema, BoxPark and the many independent shops and cafés of Croydon.

The buyer will require a …

Features

Balcony

Central heating

Double Glazing

Bedrooms1
Bathrooms1
Reception rooms1
Floor area50.8
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years81
Key Information Document

from

£137,500

with min. deposit

£13,750

55% Share from
£137,500
Full market price
£250,000
Minimum deposit
£13,750
Monthly rent
£328
Monthly service charge
£189.48
Reservation free
£500
L&Q

L&Q

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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