Traders Quarters
£75,250 for a 35% share
Property description
Long lease, private terrace, well presented. For a limited time, get a £500 Amazon voucher on completion*.
Property address
Traders Quarters, Overton's Yard, Croydon, CR0 1SL
1 
1 Shared Ownership
SHARED OWNERSHIP
Full market value - £215,000
You pay (35%) - £75,250
Monthly Rent - £461.22
Monthly Service Charge - £283.16
Annual Ground Rent - NIL
999 year lease commenced in January 2006 - 980 years remaining)
EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Traders Quarters is situated in the heart of Croydon's historic old town close to Surrey Street market. East and West Croydon stations are within short walk together with trams in. There's also easy access to the two shopping centres, the cinema, BoxPark and the many independent shops and cafés of Croydon.
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 £42,453. 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 August 2024.
*The £500 Amazon voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st October 2025, and then completes on the sale before 31st January 2026. 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. L&Q reserve the right to remove an incentive at any time.
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 | £215,000 |
|---|---|
| Minimum Share Percentage | 35% |
| Minimum Share Value | £75,250 |
| Monthly Service Charge | £283 |
| Minimum Deposit | £7,525 |
Traders Quarters is situated in the heart of Croydon's historic old town close to Surrey Street market. East and West Croydon stations are within short walk together with trams in. There's also easy access to the two shopping centres, the cinema, BoxPark and the many independent shops and cafés of Croydon.