Overview

Shared Ownership Apartments in Purley, Croydon: A Blend of Tranquility and Urban Convenience

Discover a collection of 1 & 2-bedroom Shared Ownership apartments in the serene yet well-connected area of Purley, Croydon. These homes, designed by award-winning architects Proctor & Matthews, offer an ideal opportunity for those seeking a blend of peaceful suburban living and easy access to London's vibrant city life.

Key Features of the Apartments:

  • Private Balconies: Each apartment comes with its own private balcony, providing a personal outdoor retreat.
  • High-Quality Interiors: Enjoy high ceilings, flooring throughout, and a fitted kitchen with integrated appliances.
  • Community Amenities: Residents benefit from a communal courtyard and a dedicated play area for under 5s.

Shared Ownership Scheme:

  • Affordable Step onto the Property Ladder: This government-backed scheme allows you to buy a share of your home, making it more affordable than buying outright.
  • Lower Deposit Requirement: Deposits are based on the share you purchase, typically lower than on the open market.
    Flexibility: There's an option to buy additional shares of your home over time through staircasing.

Eligibility for Shared Ownership:

  • Income Cap: Your household income must be no more than £90,000.
  • First-Time Buyers or Non-Homeowners: You should not own another property when you complete your purchase.
  • Age and Mortgage Criteria: You must be over 18 and able to obtain a mortgage.

The Local Area - Purley, Croydon:

  • Tranquil yet Connected: Located in a quieter part of Croydon, adjacent to Purley Cross, combining suburban tranquility with urban convenience.
  • Excellent Transportation Links: Central London is just a 30-minute train ride away, with easy access to Gatwick Airport and Brighton Beach.
  • Local Amenities: Purley offers a range of High Street shops, restaurants, cafés, and amenities, while East Croydon is a mere 5 minutes away by train, offering a larger selection of shopping and dining options.

Reservation and Completion Details:

Reservation Fee: To qualify, the reservation fee must be paid, and the Memorandum of Sale issued by 12th February 2024, with completion by 31st March 2024. Terms and conditions apply.

These Shared Ownership apartments in Purley provide a fantastic opportunity for those looking to own a piece of Croydon's leafy borough. With its thoughtful design, comprehensive amenities, and excellent location, it's an ideal choice for anyone seeking a tranquil yet connected lifestyle.

Address
  • Buying Scheme
    Shared Ownership
  • Prices from
    £76,250
  • Full Market Value
    £305,000
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