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- Caraway Court, Flat 1, Montacute Rd, Croydon, CR0 0JE
Caraway Court, Flat 1, Montacute Rd, Croydon, CR0 0JE
Flat 1, Caraway Court, Montacute Rd, Croydon, CR0 0JE
Shared Ownership Flat
Contemporary Two-Bedroom Ground Floor Apartment with Two Private Terraces
Situated in the popular residential area of New Addington, this beautifully presented two-bedroom, two-bathroom ground-floor apartment offers approximately 76 sq m of stylish and well-planned space, making it ideal for first-time buyers looking to step onto the property ladder. Finished to a high standard throughout, the apartment is centred around an impressive open-plan kitchen, reception and dining room, which also features engineered oak wooden flooring in the kitchen and hallway. The bright and spacious living area is perfect for entertaining, with direct access to a generous private terrace. The contemporary kitchen comes complete with integrated appliances, providing a sleek and practical space for cooking & dining.
The property features 2 well-proportioned double bedrooms, including a primary bedroom with a built-in wardrobe, en-suite shower room and direct access to a second private terrace. A stylish family bathroom, ample storage, gas central heating, and excellent natural light complete the accommodation. As the only ground-floor apartment in the building with direct access to the communal rear garden, this home offers a unique blend of indoor and outdoor living.
Further benefits include allocated off-street parking, lift access to the building, and a long lease, making this an attractive and energy-efficient home in a highly convenient location.
Key Features
- Two spacious double bedrooms
- Principal bedroom with en-suite shower room and built-in wardrobe
- Spacious open-plan kitchen, living and dining room
- Two private terraces accessible from the living room and primary bedroom
- Exclusive ground-floor access to the communal rear garden
- Allocated off-street parking space EPC Rating A with gas central heating
- Approximately 76 sq m of well-presented accommodation
- Engineered oak wooden flooring in the kitchen and hallway
Key Information
- Tenure: Shared Ownership
- Available Shares from: 40%
- Full Market Value: £320,000
- Share Value (initial purchase) from: £128,000
- Rent : £662.07
- Service Charge: £222.79 per month
- Lease Length: 118-years
- Council Tax Band: C
- EPC Rating: A
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:
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You must be at least 18 years’ old with a clean credit history
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Your annual household income must be less than £90,000 in London, or £80,000 outside of London
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You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
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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
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