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For Sale
Badge shared ownership
£128,750 (Price)
Full Market Value: £515,000

Angel Oak Point, 22-27 Sheldon Street, Croydon, CR0 1SS

Type K, Angel Oak Point, 22-27 Sheldon Street, London, CR0 1SS

Shared Ownership Apartment

Bedrooms: 3
Furnished: No
Reception rooms: 1
New Build: Yes
Bathrooms: 2
Area: 1089 sqft
Description
A bold new building in Croydon, offering stylish new one, two, and three-bedroom apartments at affordable prices through Shared Ownership and London Living Rent.

5 two-bedroom apartments available to reserve off-plan and 1 are of this layout -

Plot A2.03/Flat 12 can be found on the 3rd floor, is 101.2m2/1,089ft2 and comprises of 3 great sized bedrooms with an en suite and built-in wardrobe to bedroom 1, main bathroom, open-plan living, ample storage and private balcony.

Full Market Value: £515,000
Shares available from 25%: £128,750
Rent*: £885.16 per month

*Calculated at 2.75% per annum of the value of the share that you do not initially buy.

Scheme Information:

Leasehold
Lease length: 990 years
Council tax is due from the day of legal completion even though the banding may not yet be confirmed, please bear this in mind and make the necessary arrangements. When the property banding is confirmed, it will be listed on the following page: https://www.gov.uk/council-tax-bands or email [email protected]
Estimated Annual Service Charge: £1,294.80
Service Charge Review Period: Yearly
Ground Rent: £0

Eligibility for Shared Ownership

In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:

  • You must be at least 18 years’ old with a clean credit history
  • Your annual household income must be less than £90,000 in London, or £80,000 outside of London
  • You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
  • You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments

Find out what you can afford

Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.

*Help to Buy: Equity Loan

  • London Boroughs: 40%
  • Outside of London: 20%
Shared Ownership
*The affordability calculators give you an indication of affordability only. Your initial affordability assessment will need to be completed by an Independent Financial Advisor (IFA).
Register your interest

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