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Cherry Orchard Road, Croydon, CR0

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

786 sq ft

73 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Apartments ready to view and show homes available
  • Private balcony and communal terraces
  • Walking distance to a range of amenities and East Croydon Station
  • 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 £6,063.

A two bedroom apartment 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. Parking is available on selected plots subject to availability and separate negotiation.

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: £485,000
25% Share: £121,250
Monthly Rent: £833.59
Minimum 5% Mortgage Deposit: £6,063

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.

£2481.6

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: E

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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Disclaimer - Property reference AQI240187. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mann, Croydon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

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