Summary - Flat 2 Sammi Court, 4, Parchmore Road CR7 8LU
2 bed 1 bath Ground Flat
Affordable entry into Thornton Heath with good transport links and balcony space.
30% shared ownership; advertised price reflects the smaller share
This two-bedroom ground-floor flat offers a practical, well-presented home in a busy Thornton Heath location. The open-plan kitchen/reception and corner glazing deliver bright living space and a private balcony for fresh air and street views.
Offered on a 30% shared ownership basis, the advertised price reflects the vendor’s share; monthly housing association rent of £598.87 applies on the retained 70% and service charge is £207.40. The long lease (107 years remaining) and low ground rent (£16.67) provide tenure stability, but buyers should budget for ongoing rent and service charges.
The property suits first-time buyers looking for an affordable route onto the ladder or investors comfortable with shared-ownership rules. It’s a short walk to Thornton Heath Station and many local amenities, making commuting and rental demand likely. Broadband speeds are slow and the surrounding area has higher crime and significant deprivation, which could affect lifestyle and yield; consider this when weighing affordability and safety.
Overall condition is described as good with modern fixtures, double glazing and mains gas heating. Internal viewings and independent checks are recommended to verify condition and to confirm eligibility and costs with the housing association before committing.
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