1 bedroom flat for sale

SHARED EQUITY. (No rent to pay. Advertised price represents 75% share. Full market value £220,000.) This apartment is on the second (top) floor and has a 22'+, open-plan reception/kitchen with Juliette balcony. The bedroom benefits from fitted storage and there is a simple, white-tiled bathroom and a spacious entrance hallway. Well insulated walls and roof, modern double glazing and gas central heating make for a good energy-efficiency rating. The apartment comes with use of an off-street parking space plus Whyteleafe South Station, for rail services between Caterham and London Bridge, is only a few minutes walk away.

Shared Equity is a scheme designed to help first time buyers purchase a home they may not normally be able to afford on the open market. By retaining a 25% stake in the property, a housing association can offer the property for 75% of the full market value and, if you choose to, you can staircase up to 100% in the future, when it's affordable to you. Unlike Shared Ownership (part buy/part rent), there's no rent to pay on the share you don't own, so it's even more affordable.

Second Floor


Reception
22' 9" x 11' 3" (6.93m x 3.43m)

Kitchen
included in reception measurement

Bedroom
17' 7" x 8' 7" (5.36m x 2.62m)

Bathroom