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%.

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Longitude Apartments, 7 Addiscombe Grove, CR0 5BS, 1 bed homes


Addiscombe Grove, London, Croydon, CR0 5BS

Shared ownership

Starting prices

25% share from
£66,250
Full price
£265,000
Monthly rent
£345
Monthly service charge
£203

Overview

One bedroom one bathroom apartment which benefits from a balcony.

The current market value is £265,000 for 100%. The minimum 25% share available is priced at £66,250, current rent payable £344.54pcm, rent is subject to annual reviews. Service charges are currently £203.24pcm.

Viewings by appointment only. Please contact the vendor to arrange –

Nicholas

Tel: 07816 832848

Email: mrnrodger@hotmail.com

If you would like to apply after you have conducted a viewing, please email to Danielle.head@optivo.org.uk for application form or call 020 803 62838

Open day viewing available on the 16th of November 2019, please call Linda on 0208 03 62684

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


Local area information

Croydon town centre is located within a 10 minute walk offering an excellent array of shopping, restaurants and leisure activities. Box Park and Park Hill Park are five minutes walk away. East Croydon train station and tram stop is a 4 minute walk and provides direct rail connections to Clapham Junction (10 mins), London Victoria (17 mins), London Bridge (13 mins), Kings Cross St Pancras (29 mins) and Gatwick Airport (15 mins).


Housing Provider

Optivo (Resales)
Shared ownership

Starting prices

25% share from
£66,250
Full price
£265,000
Monthly rent
£345
Monthly service charge
£203