2 bed flat for sale

Cherry Orchard Road, Croydon CR0

Up to £5,500 deposit contribution available when you reserve your new home.**

Situated by East Croydon Station making it perfectly located for commuting into London. Available to purchase from a 25% to 75% share.

A two bedroom apartment on the 8th floor that comprises open plan fitted kitchen/living area with access onto private balcony. The Property also benefits from ample storage space and includes carpeted bedrooms, vinyl flooring in the living area and a tiled bathroom. Other benefits include video entry system, lifts to each floor and access to three communal roof terraces.

A brand new development of high quality shared ownership apartment located in the heart of East Croydon and a stone’s throw away from East Croydon railway station provided frequent and speedy rail service to several Central London stations, Gatwick airport, via the Gatwick express and the South Coast. It’s also close to the beautiful countryside of Surrey and Kent making it the perfect place to put down roots in a home of your own.

Croydon is a highly sort after location due to its excellent shopping facilities, vibrant nightlife, its array of local restaurants and eateries and unrivalled transport facilities.

Why rent when you could buy:
If you compare the average rent in your area with the monthly cost of a shared ownership home you could be pleasantly surprised.

Financial Breakdown:
Full market value: £455,000
50% share value: £227,500
5% deposit: £11,375
Monthly Rent on un-owned share (50%) £522

What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

*Please note images used in this listing are for illustration purposes and are not exact to the property.

**Terms and conditions apply, Speak to your sales advisor for further details.