Burway Close

Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in South Croydon.

Property description:

The property comprises a communal entrance with entry system, open plan kitchen and reception, kitchen with integrated appliances, private balcony, two bedrooms, family bathroom with shower over bath and hallway storage.

The property also benefits from access to a communal garden and allocated parking.

Lease: Commenced 2008 with 125-year term

Council Tax Band: Croydon Council – D

Approx. Gross Internal Area: 672sq.ft.

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

LOCAL AREA INFORMATION

• This residential area benefits from a range of nearby shops, cafes, and local services, all within a 10-minute walking distance.

• South Croydon has a variety of local restaurants and grocery stores, while larger retail options can be found in a 15-minute bus ride to Croydon town centre or Purley Way hypermarkets.

• South Croydon train station and South Croydon bus station are under a mile away from the property, providing frequent services to East Croydon, London Bridge, and London Victoria. Sanderstead train station also offers additional transport options.

• Lloyd Park tram stop, also under a mile, transports you to Wimbledon and New Addington with bus links at either end to other boroughs.

• Many and regular bus services provide easy links across Croydon and neighbouring areas.

• The area is within walking distance of highly rated Ofsted schools, including St Peter’s Primary School.

• For secondary education, there are good options, both public and private schools nearby, making it ideal for families.

FINANCIAL INFORMATION

Property Value = £315,000

Percentage Share = 35%

Share Price = £110,250

Monthly Rent = £618.45

Monthly Service Charge = £228.64

Please note the rent and service charge is reviewed annually 01 April.

Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.