SHARED OWNERSHIP
Yardmaster House - Duplex
(Share Price (30%) - £144,000
Full Value Price £480,000
SHARED OWNERSHIP
Yardmaster House - Duplex
(Share Price (30%) - £144,000
Full Value Price £480,000
Croydon is a vibrant and dynamic place with lots of shops, local eateries and bars as well as the famous 'Boxpark' (0.4 miles away), which has small, independent eateries, some pop up dining and lots of events from big screen football and sporting events, to music, spoken word, painting, kids events and a lot more. It also has batting cages and axe throwing for the more adventurous!
- Nearest Underground Station: West Croydon (1 mile)
- Nearest Railway Station: East Croydon (0.3 miles)
- Bus Routes Nearby: 312, 197, 410, 367, 689
Located on the sixth floor comprises:
- Entrance: Hallway with a utility cupboard with integrated white goods with beige carpets throughout.
- Bedroom one: Double bedroom with fitted wardrobe and floor-to-ceiling windows with double-doors opening onto a partio, overlooking trees, Surrey hills and out towards Canary Wharf & City airport in the distance. Beige carpet.
- En-suite: White suite comprising a shower, partially tiled and wallpapered walls with a shaving light above the sink and a towel rail. Brown porcelain tile flooring.
- Bedroom two: Spacious second double bedroom with fitted wardrobe offering city views. Beige carpet.
- Bathroom: White suite comprising a bath with shower, partially tiled & painted walls with a mirrored cabinet with an integrated light and a towel rail. Brown porcelain tile flooring.
Located on the seventh floor comprises:
- Living room: Spacious open plan living with lots of natural light through floor-to-ceiling windows, offering unobstructed views towards Canary Wharf & City airport to the East and city views of West Croydon and out towards London and the West. The living room has a Juliette balcony at one end and the other way, double patio doors opening out onto the large, private terrace. Beige wood flooring.
- Kitchen: Dark grey worktops with tiled a splashback, white veneer handle-less cabinets with integrated Bosch appliances in good condition. A kitchen island housing an integrated hob and space for a dining table and chairs. Beige wood laminate flooring.
- Outside: Stunning private balcony, a second terrace, secure cycle storage and communal garden.
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the 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 after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, 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 high-spec homes even more affordable in such a sought after location.
Financial information
- Tenure: Leasehold
- Remaining lease term: 118 Years
- Annual ground rent: £300
- Ground rent review period: 1st January every 25 years
- Annual service charge amount: £2,457.48
- Service charge review period: 1st April annually
- Council tax band: Band D
Financials*
Full Value
£480,000
Share Price
£144,000
Share Value
30%
Monthly Cost
£1,694
Monthly Mortgage
£777
Monthly Rent
£712
Monthly Service Charge
£205
Minimum Household Income
£60,000
Maximum Household Income
£90,000
Deposit Required
£14,400
*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.
Location
Yardmaster House, 11 Cross Road, Croydon, Croydon, CR0 6FB Open in Google Maps