88 Park Lane
£85,750 for a 35% share
Property description
Purpose built apartment in South Croydon Our Autumn Offer: A £1,000 Amazon voucher on completion!*
Property address
88 Park Lane, Croydon, CR0 1JY
![bed icon](/images/LQHomes/icons/beds.png)
![bath icon](/images/LQHomes/icons/baths.png)
Shared Ownership
SHARED OWNERSHIP
Full Market Value: £245,000
Share Value (35%): £88,750
Monthly Rent: £504.32
Service Charge: £225.02
Council Tax Band: C
125 year lease commenced December 2003 - 104 years remaining
EWS1 Certification is available for this block - A2 rating
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
This apartment includes a large open plan reception room, including a kitchen, which opens onto a juliet balcony overlooking the communal gardens. The good sized double bedroom includes a built in wardrobe. A family bathroom completes the accommodation.
Boxpark, the open spaces of Park Hill Park and the Restaurant Quarter, with a variety of bars and restaurants are just a short walk away.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £43,868 If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of July 2024.
*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
Minimum Full Market Value | £245,000 |
---|---|
Minimum Share Percentage | 35% |
Minimum Share Value | £85,750 |
Monthly Service Charge | £225 |
Minimum Deposit | £8,575 |
Boxpark, the open spaces of Park Hill Park and the Restaurant Quarter, with a variety of bars and restaurants are just a short walk away.
Others
- Central heating
- Double Glazing
Outside space
- Communal Garden