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Shared ownership
£100,000

1 bedroom apartment for sale

at Lennard Lodge, 19 Lennard Road, London CR0
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 40% share | rental £2.75pcm | 118 yrs left
Ground rent£250 per annum | review period: unconfirmed
Service charge£3,043.80 per annum
Council taxBand D

Features and description

  • Tenure: Leasehold (118 years remaining)


Property reference number: 1102



 



This first-floor 1-bedroom apartment with an EWS1 form available is located in a small building within the trendy Croydon neighbourhood, the perfect spot for urban living. Just a 5-minute walk from West Croydon Station and a 15-minute walk from East Croydon Station, you'll have direct access to London Victoria and London Bridge in as little at 16-minutes, making it easy to explore the city.





You'll find everything you need within walking distance: delicious restaurants and cafes, trendy shops, and a convenient Lidl for groceries just a 4-minute walk away. For a more serious shopping spree, Centrale Shopping Centre is just an 11-minute stroll away. And when you need a break from the busy city, Wandle Park is a 13-minute walk away, offering green spaces and fresh air.



 



Key features:

- Communal garden



- Private balcony 



- Secure bike storage 



- Open plan living space



- Lift access



- Floor-to-ceiling windows



- EWS1 form available 



 




What happens after I register my interest? 

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form. 



 



If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [use Contact Agent Button] and our team will be able to help you. 



 



What is Resale Shared Ownership? 

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.  



 




Financial information 

Tenure: Leasehold 

Remaining lease term: 118 years 

Annual ground rent amount: £250

Ground rent review period: 25 years 

Annual service charge amount: £3,043.80

Service charge review period: Annually 

Council tax band: D



*Financial information correct as of 04/11/2024


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About this agent

Peabody - Resales
Peabody - Resales
45 Westminster Bridge Road London SE1 7JB
020 8022 5253
Full profileProperty listings
Peabody develop award-winning homes across London and the Home Counties, with a mission to create great places where people can flourish and want to live. Our ambitious house-building programme aims to provide thousands of high-quality new homes for private sale, Shared Ownership, Rent to Buy, and social rent.
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