£76,250
1 bed flat for sale
Banstead Road, Purley CR8New home
Shared ownership
1 bed
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an “affordable rent” on the share you don't own. This is mainly for first-time buyers.
Key information
Tenure
Council tax band
Southern Housing New Homes - Fount Spring Place
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About this property
Lift access
Double Glazing
Central heating
Terrace
Communal Garden
Coming Soon
A collection of 1 & 2-bedroom Shared Ownership apartments in Purley, Croydon, just a 6-minute walk from Purley Station.
Designed by award-winning architects Proctor & Matthews, each carefully considered apartment benefits from its own private balcony, fitted kitchen with integrated appliances, high ceilings, and flooring throughout - as well as a communal courtyard and under 5's play area.
What is Shared Ownership?
Shared Ownership is a government-backed scheme, designed to make stepping onto or along the property ladder more affordable by buying a share of the property and paying a subsidised rent on the rest.
Because your deposit is based on the share you buy, it's less than buying on the open market and you can choose when you want to purchase any extra shares of your home through staircasing.
To be eligible for Shared Ownership:
- Your household income must be no more than £90,000
- You cannot own another own property at the time of completing your purchase
- You must be over 18 years of age and able to obtain a mortgage
**Monthly costs is a combined amount of the mortgage repayment, monthly rent and service charge (service charge faces a capped yearly increase - read pricelist for more information).
About Fount Spring Place
Coming Soon
A collection of 1 & 2-bedroom Shared Ownership apartments in Purley, Croydon, just a 6-minute walk from Purley Station.
Designed by award-winning architects Proctor & Matthews, each carefully considered apartment benefits from its own private balcony, fitted kitchen with integrated appliances, high ceilings, and flooring throughout - as well as a communal courtyard and under 5's play area.
What is Shared Ownership?
Shared Ownership is a government-backed scheme, designed to make stepping onto or along the property ladder more affordable by buying a share of the property and paying a subsidised rent on the rest.
Because your deposit is based on the share you buy, it's less than buying on the open market and you can choose when you want to purchase any extra shares of your home through staircasing.
To be eligible for Shared Ownership:
- Your household income must be no more than £90,000
- You cannot own another own property at the time of completing your purchase
- You must be over 18 years of age and able to obtain a mortgage
**Monthly costs is a combined amount of the mortgage repayment, monthly rent and service charge (service charge faces a capped yearly increase - read pricelist for more information).
Disclaimer
The information provided is general guidance for intending purchasers or leaseholders, and does not constitute in whole or in part an offer or a contract. No statement in these particulars is to be relied upon as a statement or representation of fact. Reasonable endeavours have been made to ensure that the information given in these particulars is correct, but any intending purchaser or leaseholder should satisfy themselves by inspection and surveys, and their solicitor by searches and enquiries as to the correctness of each statement. Neither Southern Housing nor anyone in its employment or acting on its behalf has the authority to make any representation or warranty in relation to this property.