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Crescent Gardens, 38 Cherry Orchard Road, Croydon, CR0

Key features

  • Apartments ready to view and show homes available
  • Walking distance to a range of amenities and East Croydon Station
  • Private balcony and communal terraces
  • Ready to move into

Description

Situated by East Croydon Station making it perfectly located for commuting into London. Available to purchase from a 25% share with a deposit of £11,625.

Stylish studio apartment is located on the 6th floor and comprises entrance hallway with large walk in storage cupboard, leading to an open plan kitchen/living/dining area with direct access onto private balcony, partitioned bedroom area benefiting built in wardrobe and storage and main bathroom. There is a lift to all floors, three communal roof terraces, video entry system and cycle storage.

Crescent Gardens is 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, including the recently refurbished Fairfield Halls, its array of local restaurants and eateries and unrivalled transport facilities.

Why rent when you could buy:
Is it now time for you to start paying your own mortgage instead of someone else’s?
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: £302,500
75% Share: £232,500
Monthly Rent: £177.60
Minimum 5% Mortgage Deposit: £11,625

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.


Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£1394

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

989 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Crescent Gardens, 38 Cherry Orchard Road, Croydon, CR0

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lebanon Road Tram Stop0.2 miles
  • East Croydon Station0.3 miles
  • Wellesley Road Tram Stop0.4 miles
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About the agent

Mann, Croydon

105 South End, Croydon, Surrey, CR0 1BG

Mann, Croydon

Our branch covers the entire local area and homes in the surrounding district of Croydon.

Our friendly, experienced and proactive team are focused on finding our sellers the right buyer and achieving the right price for their property. Many of our expert agents live locally and have developed forward-thinking knowledge of the area boasting years of collective experience, giving them unique insight into the local sales market.

Why choose Mann?

For over 100 years, we have been

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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