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1 bedroom apartment for sale

Riddlesdown Road, Purley, CR8
New build
First homes scheme
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent

Features and description

  • Rare opportunity to buy on the "First Homes Scheme"
  • 100% ownership at 70% of the value
  • First time buyers only
  • Subject to eligibility criteria requirements
  • Further Information Available Call To Enquire
  • Late Spring 2025 Estimated Completion

Buying your new-build home with the "First Homes Scheme" means you’ll have full ownership. JUST THREE UNITS AVAILABLE at 88 Riddlesdown Road - a stunning collection of 21 private luxury apartments built by a renowned developer. Late Spring 2025 Estimated Completion

100% ownership at 70% of the full value.

Plot 11 - One Bedroom - No Parking Space - 545 sq/ft - Full Market Value £330,000 - First Home Discounted to £231,000 - Now Reserved
Plot 12 - One Bedroom - No Parking Space - 545 sq/ft - Full Market Value £330,000 - First Home Discounted to £231,000
Plot 17 - One Bedroom - One Parking Space - 545 sq/ft - Full Market Value £345,000 - First Home Discounted to £241,500

ELIGIBILITY CRITERIA 
Available to first time buyers only (if the home is being purchased by more than one person, all persons must be a first time buyer).

All buyers’ joint gross income must not exceed £90,000 per year for First Homes in Greater London.  Your joint income is the total of what all buyers earnt in the previous tax year.

Buyers may also need to meet local eligibility criteria (if any) set by the local authority, such as a lower joint gross income cap, and/or at least one buyer having a local connection or being a keyworker. A lower income cap level and/or local connection and keyworker status is as determined by the local authority.

You must be able to obtain a mortgage (or home purchase plan) for at least 50% of the discounted purchase price.

A property purchased using First Homes must be the buyers' only/main residence during ownership of the property.

The First Homes scheme will apply to the home forever (subject to limited exceptions), meaning each future buyer and the local community will continue to benefit from it every time the property is sold. This means that if you are ready to move on, you must notify the local authority and when selling your home you must apply the same discount to market value that you received on your purchase, and only sell to buyers that have been approved by the local authority as meeting the First Homes Eligibility Criteria (including any local eligibility criteria set by the local authority at that point in time). Your solicitor/conveyancer will run through this process with you.

Noteworthy Specification

KITCHEN
Bespoke German designer kitchen
Quartz stone worktop & splash back

BUILT IN APPLIANCES:
Siemens IQ multi-function oven
Siemens IQ combi oven and microwave
Siemens IQ induction hob
Siemens integrated fridge freezer
Siemens integrated dishwasher
Siemens integrated washer-dryer
Elica concealed extractor
Integrated waste and recycling bins
Stainless steel inset sink
Ceramic tiles to floor

BATHROOM
Saneux Stetson bath
Hansgrohe Ecostat thermostatic mixer valve and diverter
Hansgrohe shower head and handset
Vado exo bath waste overflow and filler
Duravit D-Neo vanity unit washbasin
Duravit Me by starck basin
Hansgrohe basin mixer
Geberit concealed push button cistern & WC frame
Duravit D-Neo wall mounted WC and soft close seat
Stainless steel electric towel rail
Shaver socket
Wall mirror
Ceramic tiles to floor and walls
Under floor heating

COMFORT & WELLBEING
Gas fired condensing combination boiler
Under-floor heating with individual room thermostats
Crown white satinwood to skirtings and architraves
Contemporary painted timber doors
Chrome ironmongery to all doors and windows
Cormar home counties 80/20 wool carpet
Alternative flooring options dependent of stage of build (surcharge may apply)
Double glazed window system and patio doors
Ducted ventilation system to kitchen and bathrooms

TECHNOLOGY & COMMUNICATION
Video entry phone system
Dedicated TV, Sky and BT points in living room and master bedroom
Pre-wired for Sky plus or Sky Q with communal satellite dish
Pre-wired for Virgin Media fibre broadband
USB charger sockets to living room, kitchen and bedsides
Heatmiser Neokit smart heating control SECURITY & PEACE OF MIND
Structural defect insurance (10 years)
Double-glazed window system incorporating multi-point locking system for added security
Security alarm
Mains wired smoke alarms and heat detectors
Secure by design front doors
Robust detail sound insulation system reducing sound transference between properties

ENERGY SAVING FEATURES
High efficiency condensing boiler
Internal LED low energy light fittings
External LED low energy light fittings
Double glazed window system is A rated in terms of energy saving performance
Use of increased insulation to floor, walls and roof
All kitchen appliances have excellent eco ratings for reduced energy and water usage
Low-flush toilets and aerated taps provided to reduce water consumption
Building constructed and tested to meet strict airtightness criteria to reduce leakage of warm air and conserve valuable energy

EXTERNAL FEATURES
Marshalls paving slabs to pathways and private patios
Landscaped communal garden
Outside tap to bin store
Recycling facilities
Secure internally accessed cycle storage

For clarification, we wish to inform prospective purchasers that we have prepared this as a general guide. We have not carried out a detailed survey, nor tested the services, appliances, and specific fittings. Sizes are approximate and rounded: they are taken between internal wall surfaces and therefore include cupboards/shelves etc. Accordingly, they should not be relied upon for carpets and furnishings. CGI Images are a representation and final finishes may differ slightly.



Council Tax Band: TBC
Tenure: Leasehold
Lease Years Remaining: 999
Ground Rent: £0.00 per year
Ground Rent Review Period: 0 years
Ground Rent Increase: 0%
Service Charge: £1500.00 per year
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About this agent

Frost Estate Agents - Purley
Frost Estate Agents - Purley
1 Purley Road Purley CR8 2HA
020 8022 6742
Full profileProperty listings
We are and have always been an Independent Agent since 1862, which means our focus is to provide customer service that will lead to continuous repeat business, recommendations and an outstanding reputation within our area. The company is synonymous with selling & letting quality properties across a wide area of Surrey and into South West London. We are concentrated in one "Super" office located in the heart of Purley’s town centre, which means we have a melting pot of buyers & sellers, landlords & tenants, managed by a large team of agents all under one roof. This has proven to be highly successful given our central and prominent location, especially in today’s marketplace. Here at Frost we have separate departments for Sales, Lettings and Property Management, Land and New Homes. The Directors of Frost work within the office environment alongside the large team on a daily basis and are equally involved in helping with your property move. The difference you will find with Frost, is that many of the staff have been with us for a long time, all the team have been carefully selected for their individual & team skills so that we can offer an exceptional service to clients. We have been awarded the Gold award for ‘Best Agent in Purley’ time and time again since 2017 by the British Property Awards, going on to be shortlisted and further winning Gold award for the ‘Best Agent in South London’ on more than 1 occasion to! which was a great achievement for the team. We also know the importance of having an organised team to proactively seek the best buyers & tenants for you and be here to hold your hand, most importantly remaining in constant communication! Please do give Frost a call to discuss how we can be helping you, one of our lovely team members will be delighted to assist you. 
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