Flat for sale in Croydon CR0, 1 Bedroom

************shared ownership**************

Situated in the sought after Purley Way this luxurious apartment is in close vicinity to the new Waddon leisure centre which includes an Olympic size pool and additional training pool alongside a substantial gym with 40 different work stations. A range of amenities and shops are minutes from the property including the timelessly chic Porcelanosa and Iconic Wing Yip. The central location makes the apartment perfect for professionals with bus routes toward Sutton, Croydon and Purley and train commutes to London Bridge in 23 minutes from Waddon station.
The apartment has a south easterly facing aspect comprising a spacious lounge/diner (20"10' x 12"1') with a gorgeous open plan kitchen. The kitchen has ample worktops and preparation space for the foodies, a high spec electric hob and oven and space for fridge freezer.
The bedroom overlooks the balcony with built in wardrobes on the nearside wall, allowing you to utilise all available floor space 11" x 10"8'. The exquisite bathroom has been beautifully designed with quality fixtures and fittings from the wall mounted power shower over bath, sleek contemporary tiling accentuating this tranquil relaxing retreat.
A handy storage cupboard currently houses the washer dryer with additional space ideal for storing towels and bedding.
Entrance to the building is via a security video entry system leading to welcoming, immaculate, communal hallways and lift to access all floors.

*********shared ownership**********
The value of the 65% equity is £162,500 this is not negotiable, shared ownership is sold at the valuation price. The monthly rent is £145.13 and there is a monthly service charge of £79.55.

To purchase this property a gross annual household income of £40,000 is required. This is based on a 10% mortgage deposit. If the purchaser/s have a higher deposit we can discuss how the salary required is reduced

Shared ownership is government funded and therefore it is important that the following criteria is met by a successful applicant.:-
• Be a first time buyer who is registered and approved with the HomeBuy agency or Hyde New Homes
• Pass the affordability assessment with the Hyde New Homes financial advisor. Applicants must earn the minimum salary criteria as specified within this letter based on a 10% deposit. To be offered a property, all household outgoings can be no more than 45% debt to household income.
• Must be able to obtain a high street Mortgage (we do not accept adverse credit lenders)
• Must have a good credit history – no ccj’s or loan defaults

Please see Barker Stone brochure and website for more information and additional photos.