Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Cairo Apartments, 1-3 bed homes


Cairo New Road, Croydon, CR0 1XP

Shared ownership

Starting prices

25% share from
£75,000
Full price
£250,000
Minimum deposit
£3,750
Monthly rent
£401
Monthly service charge
£107

Overview

Cairo Apartments is a contemporary collection of studio, 1, 2 and 3-bedroom apartments located at the centre of Croydon’s Old Town. These fantastic homes offer a sleek specification to suit your modern London lifestyle, with some boasting balconies, others enjoying panoramic views across the town.

At Cairo Apartments, you can buy the home you’ve always dreamed of. These modern apartments are available through Shared Ownership to help you take your first step on the property ladder. Each home has been designed to offer both comfort and versatility and provide easy access to the fantastic shopping, leisure and entertainment that Croydon is renowned for. Plus, nearby transport links provide easy connections to the rest of the capital and beyond.

Register your interest today.


Local area information

The town centre is just a short walk away, so whether you’re looking for everyday essentials, one-off luxuries, hardcore workouts or weekend winddowns, it’s all within easy reach. Be the first to get your hands on the freshest produce at Surrey Street Market, lose yourself in a maze of outlets in the nearby shopping centre, explore a world of street food flavours at Boxpark, lift some weights at PureGym or go for a wander around Wandle Park.

The town centre caters just as well for evening entertainment, with a great selection of bars and restaurants, along with the fantastic Fairfield Halls. You can enjoy music, theatre, comedy and much more across this arts and entertainment centre’s many different venues, including a theatre, gallery and concert hall. 

London City centre and everything it has to offer is just an 18-minute train ride in one direction, while Gatwick Airport is 16 minutes in the other. Nearby West Croydon and East Croydon stations both make a journey to Victoria, Waterloo 
and London Bridge easy, while Tramlink puts south London right on your doorstep.


Plot availability

Plot number 1 Bed 1 Person
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £75,000
Full market price £250,000
Monthly rent £401
Monthly service charge £107
Ownership Leasehold
Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
85
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
90
Not environmental friendly - higher CO2 emissions
Plot number 1 Bed 2 Person
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £76,875
Full market price £307,500
Monthly rent £529
Monthly service charge £154
Ownership Leasehold
Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
85
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
90
Not environmental friendly - higher CO2 emissions
Plot number 2 Bed 4 Person
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £100,625
Full market price £402,500
Monthly rent £692
Monthly service charge £188
Ownership Leasehold
Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
85
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
90
Not environmental friendly - higher CO2 emissions
Plot number 3 Bed 5 Person
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £156,250
Full market price £625,000
Monthly rent £1,074
Monthly service charge £230
Ownership Leasehold
Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
85
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
90
Not environmental friendly - higher CO2 emissions

FAQ's

Min share price from: £75,000 for a 30% share
Full price from: £250,000
Minimum deposit from: £3,750
Monthly rent from: £401
Bedrooms: 1
Bathrooms: 1

There are 4 available ranging from £75,000 for a 30% share to £156,250 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Optivo
Shared ownership

Starting prices

25% share from
£75,000
Full price
£250,000
Minimum deposit
£3,750
Monthly rent
£401
Monthly service charge
£107