Available through our resale shared ownership scheme, a first floor, two-bedroom apartment ideally located near to Crystal Palace, West Norwood and Croydon.    

  

Property description:

This two-bedroom apartment comprises a communal entrance with entry system, open plan kitchen and reception, fitted kitchen with stand-alone appliances, recently renovated family bathroom with shower over bath, new carpets and lino flooring throughout and a walk-in storage cupboard in hallway.

 

The property also benefits from access to communal gardens and gated parking.

 

Length of Lease: Approx. 118 Years

Council Tax Band: Croydon Council – C

Gross Internal Area: 66m2

 

LOCAL AREA INFORMATION

  • Walking distance to Streatham Common, Upper Norwood, Biggin Wood and Norwood Park
  • Easy access to bus links along Beulah Hill Road and the nearest train stations are West Norwood, Gypsy Hill and Crystal Palace.
  • Crystal Palace offers a variety of local amenities including shops, restaurants and bars. It is well known for its sweeping views of the city and namesake park.
  • A choice of schools in the area includes Downsview Primary, Rockmount Primary and Harris Academy

 

FINANCIAL INFORMATION

Property Value = £335,000

Percentage Share = 40%

Share Price = £134,000

*Monthly Rent = £471.07

*Monthly Service Charge = £

**Monthly Mortgage Payment = £670

***Annual Household Income = £44,000

 

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

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.

***Is based on a 10% mortgage deposit.  If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).

 

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.

Contact us now to arrange a viewing:

Please call the Sales Team on 0345 606 1221 and provide the following information:

Your Contact Number/Email

Your Hyde New Homes or Help to Buy reference number**

Your Deposit for the mortgage

If it is a Single/Joint application (if married it must be joint)

Your Current salary (single/Joint where applicable)

Do you have any children? If so, how many?

Do you own any pets? If so, what?

Are you a current homeowner?

**To obtain a Hyde New Homes Reference number, visit https://so.hydeform.co.uk/ to register and complete the online application.  A reference number will be emailed to you once the application is completed. 

 

Read more...