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£125,000

3 bed flat for sale
John George Apartments, Purley CR8

    • 3 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • New home
  • Shared ownership
  • Leasehold

Connells - Surrey Sussex New Homes

Logo of Connells - Surrey Sussex New Homes

About this property

  • Luxury Specification

  • Balcony

  • Sat 17th May, open event. Book your slot now!

  • Shared ownership* - price shown is 25% share of £500,000

  • 1st floor spacious apartment - 912sqft

  • Luxury kitchen with premium Silestone worktop and built in appliances

  • Private balcony

  • 990 year lease

  • Available for immediate occupation

  • 0.4 miles to Purley Train Station / 25 mins train journey to London Victoria

Summary
Join us on Saturday 17th May to explore our luxury 1,2 and 3 bedroom shared ownership apartments. Each apartment has a luxurious feel due to the high specification throughout especially in the kitchen which is finished with Silestone worksurfaces. Don't miss out!

Description
Booking information;

Date: Saturday 17th May
Time: 10:30am till 1pm
Slots: By appointment only
Criteria: Subject to initial affordability assessment. Please contact us for further information

Nestled on a peaceful, tree-lined street in a highly desirable residential area, John George Apartments offer a selection of 1,2 and 3 bedroom shared ownership homes. Whether you're a first-time buyer, looking for more space or downsizing, these apartments provide the perfect balance of affordability and modern living.

Open plan living is enhanced by beautifully engineered wood flooring and private balcony. The kitchen boasts sleek gloss finished units and stylish white Silestone worktop and is fully equipped with Zanussi appliances, including built in oven, hob and extractor, fridge freezer and dishwasher, offering both functionality and elegance. The washer dryer has been thoughtfully place in the large storage cupboard in the hall allowing you to enjoy peaceful, uninterrupted open plan living.

The bedroom provides a cosy retreat, complete with soft luxury carpet and built in wardrobe for seamless storage. The bathroom is beautifully designed with a white suite, shower over the bath, chrome heated towel rail, and full height mirror, all set against porcelain-tiled walls and flooring.

These homes are available for immediate occupation.

Additional Information
Purley's excellent transport links means its an ideal location for anyone who wants to enjoy the capital without living among the hustle and bustle. Sat on the southern edge of London where the city meets Surrey. Purley's close proximity to the capital makes it ideal for commuters - a 10-minute walk takes you to Purley Train Station, with London Bridge and Victoria station just 25 minutes away. Croydon's popular town centre is just 3.5 miles away. Yet you can be in open green space just a few minutes' walk from home and enjoying areas of outstanding natural beauty within a 30-minute drive.

Each apartment come with the security of a 990 year lease and structural warranty offering peace of mind and long term stability.

Shared Ownership*
If you are struggling to find a home you can afford or you don't have enough money saved for a deposit, shared ownership might be the solution. The scheme allows you to buy an affordable percentage of a home while paying rent on the rest. You have the option to increase your percentage over time or if you want to move simply sell your percentage as you would any other property.

To qualify for the scheme at John George Apartments, there are some general requirements you must meet;
-You must be 18 years or older
-You must have a household income of less than £90,000 per years as this scheme is based within London
-You must be unable to afford to buy a suitable home outright on the open market
-You must be a first time buyer or if you own another home, you must sell this before completing on your new purchase and have a buyer in place at point of application.
-Applicants from all boroughs who qualify for shared ownership may apply, however, priority will be given for purchasers who currently reside or work in the London Borough of Croydon.

Applicants will be required to have a financial assessment by an Independent Financial Advisor appointed by Hexagon to assess affordability in line with the Affordable Homes guidelines set by the hca/gla. You will also be required to submit a credit report.

Your home is at risk if you fail to keep up payments on your rent or mortgage. Please make sure you can afford the repayments before committing to purchase.

Key Facts About This Apartment
Plot 20
Full market value £500,000
25% share value £125,000
Service charge estimated £180.43 per month
Rent on the unsold equity £859 per month
Tenure: Leasehold
Lease term: 990 years
Ground rent: Peppercorn

Disclaimer
All measurements shown on floor plans are taken from their maximum point where applicable. Images are CGIs and from the show home and used to provide indicative finishes only.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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More information

  • Tenure

    Leasehold (990 years)

  • Service charge

    £2,165 per year

  • Council tax band

    Ask Agent

  • Ground rent

    £0

  • Ground rent date of next review

See all recent sales in CR8

Property descriptions and related information displayed on this page are marketing materials provided by - Connells - Surrey Sussex New Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Connells - Surrey Sussex New Homes for full details and further information.