2 bed Flat For Sale £120,000
Full Market Value
£300,000
Share Value(40%)
£120,000
Monthly Rent
£349
Service Charge
£160
Minimum Income
£36,016
Shared ownership
Full market value: £300,000
You pay (40%) £120,000
Monthly rent £348.53
Monthly service charge £159.89
Ground rent £100 pa
Lease term 125 years from November 2011 (115 years remaining)
Adjacent to Reedham Train Station, the property is located close to both Purley and Coulsdon town centres each with their respective main line railway stations providing fast and frequent services to Croydon and Central London. Purley and Coulsdon have excellent facilities including Supermarkets, Restaurants, Coffee Shops etc. There are a good selection of schools in both the state and private sectors as well as many recreational and open spaces within easy reach.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £36,016. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of August 2021.
£300,000
Share Value(40%)
£120,000
Monthly Rent
£349
Service Charge
£160
Minimum Income
£36,016
Shared ownership
Full market value: £300,000
You pay (40%) £120,000
Monthly rent £348.53
Monthly service charge £159.89
Ground rent £100 pa
Lease term 125 years from November 2011 (115 years remaining)
Adjacent to Reedham Train Station, the property is located close to both Purley and Coulsdon town centres each with their respective main line railway stations providing fast and frequent services to Croydon and Central London. Purley and Coulsdon have excellent facilities including Supermarkets, Restaurants, Coffee Shops etc. There are a good selection of schools in both the state and private sectors as well as many recreational and open spaces within easy reach.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £36,016. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of August 2021.
