Modern 3-bed shared ownership near Croydon stations with roof terrace views.
Three bedrooms in a bright, open-plan layout with winter garden
A bright three-bedroom shared ownership apartment in The Wandle, a 2022 landmark development in central Croydon. The open-plan living area, contemporary fitted kitchen and winter garden maximise light; many apartments enjoy skyline views and a communal roof terrace. Mechanical ventilation with heat recovery (MVHR) and good thermal performance aim to reduce running costs. Excellent transport links (East/West/South Croydon stations and Tramlink) put central London within easy reach, and local shops, cafés and leisure amenities are a short walk away.
This is offered as a 50% shared ownership sale: full market value £450,000, share price £225,000 with a typical 5% deposit from £11,250 and a rent charge on the unsold share of around 2.75% (£515.63/month). Estimated service charge averages £1,830 per year (c. £152.50/month). Tenure is leasehold and heating is via a community scheme—check long-term costs and lease length before committing.
Important considerations: the surrounding area is classified as deprived and local crime levels are very high; prospective buyers should research local safety measures and insurance implications. Flood risk is medium in this location. Council tax band is unknown. The property is new build, so finish quality is generally modern, but photos are CGIs and actual fittings may vary.
This apartment suits first-time buyers looking to get on the ladder via shared ownership, or investors seeking a modern city flat with good transport connectivity. Be clear on the ongoing obligations: service charge, rent on the unsold share, community heating and any restrictions under the lease before viewing.
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