£116,000
1 bed flat for saleIron Railway Close, Coulsdon CR5
1 bed
1 bath
1 reception
EPC Rating: B
Just added
Shared ownership
Leasehold
About this property
Affordable living
Modern apartment
Views
Convenient position
Well presented
Close to coulsdon town
40% Shared Ownership – Modern 1 Bedroom Apartment – Cane Hill
An excellent opportunity to acquire a beautifully presented 1 bedroom apartment through shared ownership, offering a 40% share at an affordable level with a current rent of £488.00 per month payable to Southern Housing on the remaining share.
The full market value, as assessed by a RICS valuer, is £290,000, with the added benefit and flexibility to staircase to 100% ownership in the future.
Situated within the highly regarded Cane Hill development, built within the last 10 years, this modern apartment offers stylish and low-maintenance living. The property is well presented throughout, featuring a bright open-plan living space, contemporary kitchen, generous double bedroom, and a modern bathroom suite.
Perfectly positioned for commuters, Coulsdon South railway station is just minutes away, providing convenient links into Central London and surrounding areas.
Cane Hill is a well-respected and thoughtfully designed development, known for its attractive surroundings and community feel, making this an ideal first-time purchase or investment in a sought-after location.
Early viewing is highly recommended to fully appreciate the accommodation and opportunity on offer.
Communal Entrance Hallway
Staircase To Top Floor
Own Entrance Hallway
Kitchen/Living Area
Bathroom/Wc
Bedroom
Balcony
An excellent opportunity to acquire a beautifully presented 1 bedroom apartment through shared ownership, offering a 40% share at an affordable level with a current rent of £488.00 per month payable to Southern Housing on the remaining share.
The full market value, as assessed by a RICS valuer, is £290,000, with the added benefit and flexibility to staircase to 100% ownership in the future.
Situated within the highly regarded Cane Hill development, built within the last 10 years, this modern apartment offers stylish and low-maintenance living. The property is well presented throughout, featuring a bright open-plan living space, contemporary kitchen, generous double bedroom, and a modern bathroom suite.
Perfectly positioned for commuters, Coulsdon South railway station is just minutes away, providing convenient links into Central London and surrounding areas.
Cane Hill is a well-respected and thoughtfully designed development, known for its attractive surroundings and community feel, making this an ideal first-time purchase or investment in a sought-after location.
Early viewing is highly recommended to fully appreciate the accommodation and opportunity on offer.
Communal Entrance Hallway
Staircase To Top Floor
Own Entrance Hallway
Kitchen/Living Area
Bathroom/Wc
Bedroom
Balcony
Mortgage calculator
Monthly repayment
£580 per month
Whole of market comparison
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (117 years)
Service charge
£1,464 per year
Council tax band
C
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£488 per month



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