Affordable shared-ownership route to a well-connected east Croydon home.
Eighth-floor two-bed, two-bath apartment, c.790 sqft
A bright two-bedroom, two-bath apartment on the eighth floor of a 2022 development, designed for contemporary open-plan living. At around 790 sqft the layout gives comfortable living space, a modern fitted kitchen with integrated appliances and a private balcony with city views. The long 990-year lease gives ownership stability uncommon in new builds.
This home is offered via shared ownership (25% share = £121,250) making it a realistic route onto the property ladder for first-time buyers. Monthly costs include an estimated service charge of £220.72 and rent on the unsold share (approx. £833.59 for a 25% share). A small deposit (from c. £6,063) is required; parking is available to lease separately and is not included.
Practical points: heating is provided by a community scheme rather than an individual boiler, and the property sits in an area identified as deprived — factors to consider for long-term running costs and investment outlook. Positives include excellent mobile signal, fast broadband potential and immediate access to East Croydon station and tram link for frequent, quick journeys into central London and Gatwick.
The development suits buyers wanting an affordable route into a well-connected urban location with modern finishes and a long lease. Be clear on the shared-ownership model, ongoing service/rent charges and separate parking arrangements before viewing.
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