For Sale2 Bedroom Flat in Cherry Orchard Road, Croydon, CR0£121,250

Dont miss your opportunity to own the last remaining apartment of this sought-after floor plan, perfectly positioned on the 7th floor. This bright and modern two bedroom apartment enjoys the rare advantage of two communal rooftop terraces located right on your floor. As one of the very last plots available, this apartments also comes with an exclusive 5% deposit boost** to help you move in sooner. Pet lovers will be delighted to know this development is pet-friendly, so every member of the family is welcome. 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: £475,000 25% share value: £121,250 5% deposit: £6,063 Monthly Rent on un-owned share (25%) £833.59 Estimated Monthly Service Charge: £220.72 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. Value of incentive is up to 5% of 25% property share value.