Affordable shared ownership close to East Croydon station for first-time buyers.
• Eighth-floor two-bedroom apartment with private balcony
• Circa 678 sq ft of contemporary open-plan living space
• Built 2022 — modern fittings and integrated kitchen appliances
• 990-year lease; shared ownership 25% share price £113,750
• From £5,688 deposit; monthly rent on unsold share approx. £782
• Service charge £189.40 pcm (below average); incentives up to £6,000
• Excellent transport: close to East Croydon station and tram link
• Area records higher deprivation; community heating scheme (confirm costs)
A bright two-bedroom apartment on the eighth floor offering about 678 sq ft of contemporary open-plan living. Built in 2022, the home features a modern fitted kitchen with integrated appliances, an elegant bathroom and a private balcony that extends the living space — well suited to first-time buyers seeking an affordable step onto the ladder via shared ownership.
The property is a short walk from East Croydon station and the tram link, giving fast connections to Central London, Gatwick and the South Coast. Local schools rated Good and a wide range of shops, restaurants and leisure facilities are close by, making this a convenient city-living choice with easy travel options.
Practical points are straightforward: a long 990-year lease, below-average service charge (£189.40 pcm) and incentives of up to £6,000 on reservation help reduce upfront costs. The apartment is sold as a 25% shared ownership share (25% = £113,750), with a low entry deposit from £5,688 and monthly rent on the unsold share estimated at £782.03.
Be aware of local context and running costs: the wider area records higher deprivation, and the property is served by a community heating scheme (check billing and maintenance arrangements). Council tax band is not specified. Images are illustrative and the unit’s exact finishes should be confirmed at viewing.
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