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)

Kingfisher Court, 12 Wandle Road, CR0 1BW, 2 bed homes


Wandle Road, London, Croydon, CR0 1BW

Shared ownership

Starting prices

50% share from
£165,000
Full price
£330,000
Monthly rent
£339
Monthly service charge
£219

Overview

2 bedroom apartment in Croydon Kingfisher Court, 12 Wandle Road, CR0 1BW

Optivo are delighted to offer for sale this well-presented two-bedroom first floor flat in Croydon

Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £90,000 per annum when eligible to purchase.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase or rent.

Priority given to applicants who live and work in the area

Description

The current market value is £330,000 for 100%. The minimum 50% share available is priced at £165,000, current rent payable £338.67 pcm, rent is subject to annual reviews. Service charges are currently £218.56 pcm.

Viewings by appointment only. Please contact us to arrange a viewing: resales@optivo.org.uk

If you would like to apply after please email  linda.edvardsen@optivo.org.uk or call 0208 03 62684

Please note though that if a high volume of applications is received, the deadline might be brought forward.

 


Local area information

The property is a self-contained two-bedroom first floor flat situated in a four-storey purpose built residential block believed to have been constructed circa 2007.

The building is located close to the local shopping amenities of High Street, Croydon with more significant shopping and recreational facilities found in Croydon town centre. Bus links are available along High Street and the closest train station can be found at East Croydon, a reasonable walk away.


Housing Provider

Optivo (Resales)
Shared ownership

Starting prices

50% share from
£165,000
Full price
£330,000
Monthly rent
£339
Monthly service charge
£219