Summary - COLLEGE COURT 5 ASHBURTON ROAD CROYDON CR0 6AP
2 bed 1 bath Apartment
Lifetime Lease option offers lower upfront cost and refurbishment potential.
Large 2-bed apartment, approx. 894 sq ft, generous living room
Lifetime Lease guide price £182,000 (typical c.33% saving on £275,000)
Suitable for over-60s via Home for Life; can buy up to 50% share
Needs updating throughout — refurbishment required to modernise
Long lease (171 years) and share of freehold provide tenure security
Communal garden; second-floor location (no lift information provided)
Service charge approx. £1,080 per year; council tax described as affordable
Slow broadband speeds; area records above-average crime levels
This second-floor, two-bedroom apartment in College Court offers a practical, low-maintenance home for buyers aged 60+ using the Home for Life Lifetime Lease. The Lifetime Lease guide price shown is £182,000 (typical saving around 33% versus the full market value of £275,000); individual price depends on age, circumstances and chosen share (up to 50%). The property sits in a purpose-built block with a communal garden and large living room, and benefits from a long lease (171 years) and share of freehold.
The flat needs updating throughout, so it suits buyers looking to personalise a comfortable retirement home or investors targeting refurbishment potential. Key positives include a generous room layout (approx. 894 sq ft), double glazing, mains gas central heating, and easy access to local shops, transport links and amenities. Broadband speeds are slow and some internal work will be required.
Practical points to note: the service charge averages £1,080 per year and the area records above-average crime levels. There are no flood risks and mobile signal is excellent. For purchasers seeking a lower-cost route into this area, the Lifetime Lease option provides a way to reduce upfront cost while retaining security for the future.
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