2 bed flat for sale

Montpelier Road, Croydon, Greater London CR8

This beautiful and well decorated two bedroom apartment is now available in Croydon through Shared Ownership.

The property on the first floor comprises an entrance hall, an open plan living room and kitchen with storage, two bedrooms and a bathroom.

Outside, there is a private balcony, and communal parking on a first come first serve basis. Perfect for couples and small families.

Available for £126,000 for 35% share based on the marketing figure of £360,000.

Monthly rent - £708.3
Monthly Service Charge - £301.88
Total Monthly Charge - £1,010.18 plus mortgage required for 35% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

Living in Croydon offers a fantastic combination of suburban tranquillity and excellent connectivity. Situated in the desirable town of Purley, residents enjoy easy access to a range of local amenities including shops, cafés, restaurants, supermarkets, and leisure facilities, while the green open spaces and surrounding parks provide opportunities for outdoor recreation.

The property is ideally located for commuters, with Purley railway station nearby offering frequent direct services to London Victoria, London Bridge, and Gatwick Airport, making travel into Central London and beyond both quick and convenient. Road users benefit from easy access to the A23, connecting to Croydon, Central London, the M25, and the South Coast.

Combining a well-established residential setting with strong transport links and everyday conveniences, Montpelier Road is an excellent location for professionals, commuters, and those seeking a balanced lifestyle.

EPC rating

Energy rating bad - B

Environmental rating band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.