Summary - Flat 18 Griffin House, 399, London Road CR0 3FH
2 bed 1 bath Flat
60% share two-bedroom flat near West Croydon station with parking and long lease.
60% shared ownership — price £156,000 (full market value £260,000)
Rent on unsold 40%: £294.05 pcm
Service charge approx £181.76 pcm
Long lease: 975 years remaining
Allocated off-street parking included
Open-plan kitchen/living with floor-to-ceiling windows
Private balcony from master bedroom
Local area: above-average crime, classified as deprived
This well-presented two-bedroom flat is offered as a 60% shared ownership opportunity, ideal for first-time buyers seeking an affordable route onto the Croydon property ladder. The flat sits on the second floor and benefits from good natural light, an open-plan living/kitchen area and a private balcony off the master bedroom.
Practical details are straightforward: a long lease (975 years), allocated off-street parking and an EWS1 certificate are in place. The property is in very good condition with an integrated oven and gas hob, double glazing and gas central heating via boiler and radiators. The total floor area is about 678 sq ft, with two double bedrooms and one family bathroom.
Costs to factor in: the asking price of £156,000 represents a 60% share (full value £260,000). Rent on the unsold 40% is £294.05 per month and the service charge averages £181.76 monthly. Council tax is described as affordable. Applicants will be affordability-assessed and must meet shared ownership eligibility criteria.
Location is a core strength: short walks to West Croydon station for city links, many local shops, restaurants and several parks nearby. Local schools include good and outstanding rated primaries and secondary options. Be aware the local area records above-average crime levels and is classed as deprived; buyers should consider this when assessing long-term suitability and resale potential.
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