Summary - Flat 18, 16 Wellesley Road, CROYDON CR0 2DD
3 bed 1 bath Apartment
Affordable shared-ownership new build, minutes from East Croydon station for city commuters.
25% Shared Ownership price £126,250 (full value £505,000)
Generous 1,051 sq ft, three bedrooms
Full-height external windows and winter garden
Communal mezzanine amenity space
Off-street parking options available
Only one bathroom for three bedrooms
Five-minute walk to East Croydon station, fast London links
High local crime rates; area classed as very deprived
This bright, new-build three-bedroom apartment offers a roomy 1,051 sq ft of living space in a well-connected central Croydon location. Full-height external windows and a winter garden flood the living areas with light and deliver wide city views, while a communal mezzanine provides extra amenity and social space.
The price shown reflects a 25% Shared Ownership share (purchase price £126,250) with a full market value of £505,000. The home is leasehold and aimed at buyers wanting an affordable route into ownership; shared ownership reduces the initial outlay but brings ongoing rent and service charges.
Practical advantages include off-street parking options, fast broadband, excellent mobile signal and a five-minute walk to East Croydon station with rapid links into central London. Local amenities and schools are close by, making everyday life convenient.
Be clear about the main drawbacks: the apartment has only one bathroom for three bedrooms, it is in a ward with high recorded crime and the surrounding area is classified as very deprived. These factors may affect resale appeal and running costs; buyers should budget for service charges, rent on the unsold share and consider security measures.
3 bedroom apartment for sale in 16-18 Wellesley Road, Croydon,
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