Summary - Flat 20 Sessile Court, 7a Dickenson's Place, London SE25 5FL
2 bed 1 bath Flat
Modern first-floor two-bed with private balcony — 25% share, 5% deposit option for buyers.
25% shared ownership available; purchase price for share £96,250
A bright, modern two-bedroom first-floor apartment in Sessile Court, offered through Shared Ownership. The layout includes an open-plan living area with a contemporary fitted kitchen, two double bedrooms (one en-suite), a family bathroom and a private balcony—suitable for couples or small families seeking lower-entry-cost ownership in Croydon.
The purchase is available as a 25% share of a £385,000 valuation (marketing price), priced at £96,250 for the share. Monthly outgoings include rent of £820.64 and a service charge of £155.54 (total monthly charge £976.18). A 5% minimum deposit on the share is required. Note there is an annual rent increase every April and additional landlord charges payable on completion.
Practical details are favourable for many buyers: a 120-year remaining lease, EPC Band B, mains gas central heating with boiler and radiators, and low local crime. The location suits commuters and young families with Norwood Junction and Tramlink connections nearby, local shops, leisure centre and South Norwood Country Park within walking distance.
Important drawbacks to consider: this is a shared ownership leasehold purchase with ongoing rent and service charges, plus an annual rent increase. The property description and brochure do not include internal photos, floorplan or detailed room measurements, so buyers should obtain a full inspection and solicitor/financial advice to confirm mortgage availability and long-term suitability.
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