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)

Kingswood, Limpsfield Road, 1-2 bed homes


Limpsfield Road, Croydon, Croydon, CR2 9BY

Shared ownership

Starting prices

30% share from
£84,000
Full price
£280,000
Minimum deposit
£4,200
Monthly rent
£449
Monthly service charge
£120

Overview

LAST FEW APARTMENTS REMAINING!

A collection of 1 & 2 bedroom apartments finished to a high specification with light and contemporary interiors overlooking Kingswood Forest in Hamsey Green, Croydon.

These stunning homes have been designed with the vision of the very best contemporary urban living. The layout and structure have been carefully configured and bought to life to maximise the use of interior space.

The open plan living space has been designed to provide an airy and light ambience with large windows to allow the use of natural light. Built-in modern appliances have been installed in the spacious kitchen to allow a homely yet modernistic approach to fill your culinary experiences.

• Private balcony
• Continuous ventilation system
• Landscaped communal area
• Sky+ provisions to living room and bedrooms
• Video entry system
• Cycle storage


Local area information

Nestled between two villages, Hamsey Green boasts numerous pockets of green spaces to enjoy. Our Kingswood scheme is close to a parade of commercial and independent stores: including Co-op Food and Lloyds Pharmacy. Residents can enjoy a major supermarket in each direction: Waitrose & Partners towards Sanderstead and Sainsbury’s towards Warlingham.

Croydon has superb transport links with direct trains from East Croydon Station to Gatwick Airport. The station is also one of London’s busiest, serving major destinations in the capital such as London Victoria and London Bridge. There are four local train stations close to Kingswood: Kenley, Whyteleafe, Upper Warlingham and Whyteleafe South. Croydon is also well connected by bus and tram services.

The newly built BoxPark at East Croydon, featuring an array of independent cafes & eateries, is a popular destination for lively entertainment. Central Croydon is due to welcome a new Westfield shopping centre in 2019.


Plot availability

Plot number 3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £84,000
Full market price £280,000
Monthly rent £449
Monthly service charge £120

A collection of 1 & 2 bedroom apartments finished to a high specification with light and contemporary interiors overlooking Kingswood Forest in Hamsey Green, Croydon.

These stunning homes have been designed with the vision of the very best contemporary urban living. The layout and structure have been carefully configured and bought to life to maximise the use of interior space.

The open plan living space has been designed to provide an airy and light ambience with large windows to allow the use of natural light. Built-in modern appliances have been installed in the spacious kitchen to allow a homely yet modernistic approach to fill your culinary experiences.

Croydon is well on its way to becoming London’s biggest growth centre thanks to its new diverse culture and local developments. The borough offers a unique mix to businesses and residents alike, with its ideal location just 15 minutes on train from central London or Gatwick Airport and surrounded by the green Surrey countryside.

Quoted as being the ‘new global city’ within the heart of Croydon its iconic transformation will help re-energise the whole area into a community led environment with new schools, healthcare and amenities.

Plot number 11
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £105,750
Full market price £352,500
Monthly rent £565

A collection of 1 & 2 bedroom apartments finished to a high specification with light and contemporary interiors overlooking Kingswood Forest in Hamsey Green, Croydon.

These stunning homes have been designed with the vision of the very best contemporary urban living. The layout and structure have been carefully configured and bought to life to maximise the use of interior space.

The open plan living space has been designed to provide an airy and light ambience with large windows to allow the use of natural light. Built-in modern appliances have been installed in the spacious kitchen to allow a homely yet modernistic approach to fill your culinary experiences.

Croydon is well on its way to becoming London’s biggest growth centre thanks to its new diverse culture and local developments. The borough offers a unique mix to businesses and residents alike, with its ideal location just 15 minutes on train from central London or Gatwick Airport and surrounded by the green Surrey countryside.

Quoted as being the ‘new global city’ within the heart of Croydon its iconic transformation will help re-energise the whole area into a community led environment with new schools, healthcare and amenities.

Plot number 4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £107,250
Full market price £357,500
Monthly rent £573
Ownership Leasehold

FAQ's

Min share price from: £84,000 for a 30% share
Full price from: £280,000
Minimum deposit from: £4,200
Monthly rent from: £449
Bedrooms: 1
Bathrooms: 1

There are 3 available ranging from £84,000 for a 30% share to £107,250 for a 30% 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

30% share from
£84,000
Full price
£280,000
Minimum deposit
£4,200
Monthly rent
£449
Monthly service charge
£120