City House
£52,500 for a 25% share
Property description
L&Q welcome you to view this one bedroom, second floor apartment.
Property address
City House, London Rd, Croydon, CR0 2NS
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value £210,000
Share Value (25%) £52,500
Monthly Rent £360.48
Service Charge £273.71
Council Tax Band: C
99 year lease commenced January 2009 - 85 Years Remaining
EWS1 - EWS1 certification status for this property is the responsibility of a third party and is currently unknown. More information on EWS1 certificates can be found on the LQ Group website by searching "EWS1"
The apartment is situated in a popular block within close proximity to amenities and the newly developed Boxpark with a wide variety of bars and restaurants, while there is also a good range of parks and schools nearby. The mainline station, West Croydon, which is minutes away and can have you in London Bridge in under 20 minutes.
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 £33,061. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that 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 a property in one of our schemes. If you are not registered, please visit our website lqhomes.com 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 at May 2022.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £210,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £52,500 |
| Monthly Service Charge | £274 |
| Minimum Deposit | £5,250 |
The apartment is situated in a popular block within close proximity to amenities and the newly developed Boxpark with a wide variety of bars and restaurants, while there is also a good range of parks and schools nearby. The mainline station, West Croydon, which is minutes away and can have you in London Bridge in under 20 minutes.
Outside space
- Communal Garden
Heating
- Double Glazing