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Overview Key information

1 bedroom apartment
Shared Ownership (resales)
£69,000
30%
share
Full market value:
£230,000
Minimum deposit:
£6,900
1 bed 1 bath 489 sq. ft.
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A fifth floor, one-bedroom apartment in Croydon.

Property features:

  • Communal with entry system
  • Lift access
  • Open plan kitchen and reception
  • Kitchen with integrated appliances
  • Juliette balcony
  • Bathroom with shower over bath
  • Hallway storage
  • Communal roof terrace
  • Excellent energy efficiency with gas central heating

Lease: Commenced 2010 with 250-year term

Council Tax Band: Croydon Council – C

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:

  • Located in the heart of Croydon, the location benefits from excellent transport connections, making it an ideal spot for commuters. West Croydon Bus and Train Stations are just a 10-minute walk away, providing easy access to Central London and surrounding areas. East Croydon Station, reachable in around 10 minutes by bus, offers fast trains to London Victoria in under 20 minutes, making jour-neys into the city quick and convenient. Additionally, tram links connect residents to other parts of South London, ensuring seamless travel across the region.
  • The property is also well-placed for everyday conveniences and leisure activities. Croydon Universi-ty Teaching Hospital is nearby, making the location particularly attractive for healthcare profession-als. The vibrant Croydon High Street is within a 10-minute walk, offering a diverse range of shops, restaurants, and entertainment options. The Whitgift and Centrale shopping centres provide exten-sive retail choices, while the area’s lively atmosphere ensures there is always something to do. With a combination of excellent transport links and local amenities, this location is well-suited for professionals and those looking for a well-connected urban lifestyle.

Financial information:

Property Value = £230,000

Percentage Share = 30%

Share Price = £69,000

Monthly Rent = £358.63 from 1st April 2025

Monthly Service Charge = £196.37 from 1st April 2025

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. Please note that the Resales Team have not visited this property.

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