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1 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold (122 years remaining)
- Modern Shared Ownership home
- Double bedroom
- Open plan lounge/diner
- Private Balcony
- Close to local amenities
- No onward chain
This superb modern apartment is available to buy from as little as £72,500 with a 25% share!
Introducing a truly stunning one-bedroom apartment that exudes elegance and sophistication. Nestled in a prime location, this luxurious residence offers a perfect blend of modern design and comfort. As you step inside, you are greeted by an open-concept living space adorned with high ceilings and large windows, allowing an abundance of natural light to flood the room.
The tastefully designed interior features a neutral colour palette, creating a serene and inviting atmosphere. The living area seamlessly flows into a sleek and fully equipped gourmet kitchen, complete with top-of-the-line integrated appliances, plenty of countertop space and ample storage. Whether you are a culinary enthusiast or simply enjoy entertaining guests, this kitchen is a dream come true. The bedroom is a tranquil retreat, boasting a generous size and plush carpeting. It offers a peaceful sanctuary to unwind after a long day, with its cozy ambiance. The bathroom is a masterpiece, featuring exquisite finishes and a luxurious soaking tub. This apartment also offers a private balcony, providing a serene outdoor space to enjoy your morning coffee or relax with a book. In summary, this stunning one-bedroom apartment offers a luxurious and contemporary living experience. Its impeccable design, high-end finishes, and prime location make it an ideal choice for those seeking a sophisticated urban lifestyle.
Thornton Heath mainline station is a mere 0.6 mile offering services to London Bridge and Victoria and the High Street which has many local shopping facilities. Trumble Gardens is also just a few hundred feet away with attractive grounds, play area and tennis courts.
PRICING & AFFORDABILITY
Full Market Value: £290,000
25% Share Price: £72,500 (rent £590.97pcm)
Minimum 5% Mortgage Deposit (25% share): £3,625
Approximate Service Charges: £124pcm*
Shared Ownership Lease: approx. 123 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
* This home can also be purchased outright (100% of the value) which is £290,000 and a purchaser would not need to meet the eligibility criteria listed above.
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*DISCLAIMER
Property reference SDO230878. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN - National.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 4, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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