Lennard Lodge - 1-bedroom
1 bedroom homes for sale in Lennard Lodge 19 Lennard Road Croydon, CR0 2UL
Scheme | Shared ownership |
Availability | For sale |
Minimum share price from | £104,000 for a 40% share |
Full price from | £260,000 |
Minimum deposit from | £10,400 |
Monthly rent from | £558 |
Service charge from | £257 |
Bedrooms | 1 |
Bathrooms | 1 |
Features |
- Communal Garden
- Terrace
|
Overview
Residents will enjoy the proximity to West Croydon Station, providing easy access to London via rail services. Additionally, local bus routes crisscross the area, offering further connectivity to central London and beyond.
For everyday needs, residents can take advantage of nearby Lidl and Marks and Spencer a short walk away. Moreover, the area boasts an array of shops, bars, and restaurants in central Croydon, as well as the Centrale and Shopping Centre and BoxPark, ensuring there's always something to explore right on your doorstep.
- Nearest stations: West Croydon (0.2 miles), East Croydon (0.8 miles)
- Bus routes: 75, 157, 194, 367, 410, 450, 689, SL6, 166, 264, 403, 407, 455, 645, 154, 50, 64, 109, 195, 250, 289, N109, N250
- Private balcony
- Communal Garden
- Secure bike storage
- Integrated Zanussi kitchen appliances
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [email protected] and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
Tenure: Leasehold
Remaining lease term: 118 years
Annual ground rent amount: £250
Ground rent review period: 25 years
Annual service charge amount: £3,237.36
Service charge review period: Annually
Council tax band: D
*Financial information correct as of 28.05.2024