Blackhorse Lane, Addiscombe, Croydon CR0 6RT, UK

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Property type: ?

Bedrooms: 2

Bathrooms: 1

Receptions: ?

Year built: ?

Total Plot Size: ?

Total Inside Area: ?


Last Sold: N/A

Price: N/A


What can it be sold for now?

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Agents think: £199,500  1 agent(s) valuations found

HPI banks think: £NaN


CHAT:

2021-06-07 16:08, User_1

L&Q Agent Valuation of this property is £199,500

Description:

Full Market Value
£285,000

Share Value(70%)
£199,500

Monthly Rent
£220

Service Charge
£247

Minimum Income
£44,888

Shared ownership

Full Market Value: £285,000

Share Value (70%): £199,500

Monthly Rent: £220.08

Service Charge: £246.58

Annual ground rent: £0

99 year lease commenced September 2006 and has 84 years remaining

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

This first floor apartment is moments away from a wide array of popular local amenities on Lower Addiscombe Road, a thriving community shopping area which boasts a traditional butcher, florist, greengrocer along with all the essential local amenities.

East Croydon station and Blackhorse Lane tram stop also provide direct access into the City, Wimbledon and Beckenham, plus Gatwick airport and Brighton.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £44,888. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at May 2021.

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