About this property

TENURE: Leasehold

  • Chain Free
  • New Homes
  • Shared Ownership

Shared Ownership

A two bedroom apartment available to purchase from a 45% share at 168,750 with a deposit of 8,437.50. Full market value 375,000. Call today to arrange your appointment to discuss this stunning home!

This two bedroom apartment situated on the popular development of New Mill Quarter comprises of an open plan kitchen/lounge/ dining area. The apartment has a three piece bathroom with shower over bath and spacious cupboards in the hallway. You also have access to an allocated parking space.

INCENTIVES - Apartment Campaign

"3 month rent free

"1000 Love2Shop voucher

"Reserve for 99

"500 towards legal fees

Incentives - Rent Holiday - Terms and conditions apply.

No rent will be collected for the first 3-month period following the date of completion. Mortgage payments will be due on the purchased share, 3-month rent holiday applies to the unpurchased share.

Love2shop Voucher - Terms and conditions apply. Voucher will be provided to the customer on completion.

Reservation fee - Terms and conditions apply. Offer only valid on selected plots, other plots are available.

Legal fees - Terms and conditions apply. The legal cost contribution will only be made if a recommended solicitor's is used.

The purchase is subject to exchange of contracts up to 28 days after reservation. Please speak to a member of our Sales Team for more details. June 2021.

Full Market Value: 375,000

45% Share 168,750 - Rent 472.66 pcm

60% Share 225,000 - Rent 343.75 pcm

75% Share 281,250 - Rent 214.84 pcm

Minimum 5% Mortgage Deposit (45% share): 8,437.50

Approximate Service Charges:

New Mill Quarter is an exciting new development, offering a collection of 1, 2 and 3 bedroom apartments, as well as luxury 4 bedroom homes, all set within landscaped gardens and finished to an impeccable standard. Ideal for commuters, the development is adjacent to Hackbridge railway station, connecting you to London in approximately 30 minutes, as well as a bus stop just outside the development giving great transport connections.

With a high-quality specification by Barratt Homes London, these homes are designed to appeal to families and professionals travelling into central London and the City.

New Mill Quarter neighbours vibrant areas such as Croydon, Kingston and Wimbledon where you will find everything you need nearby including good schools within close proximity, and on-site amenities including the award winning Lidl supermarket.

Hackbridge is a leafy suburb in the London Borough of Sutton, offering all the benefits of proximity to Central London yet close by to expansive parks. This combined with the distinctive town centres Hackbridge offers residents a peaceful but vibrant lifestyle. Nestled between the banks of the River Wandle and Beddington Park, Hackbridge provides residents with the best of both worlds, connectivity to central London and other key local employment hubs such as Sutton, Croydon and Wimbledon. Residents of Hackbridge not only has one of the largest green spaces in the borough, Beddington Park, right on their doorstep, but they benefit from excellent transport links. Hackbridge railway station provides regular train services into London Victoria, Clapham Junction, London Blackfriars, Farringdon, Wimbledon, Sutton and further afield destinations such as St Albans and Luton. There are also several London bus routes serving Hackbridge and other destinations such as Tooting, Morden and Carshalton.

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.

At New Mill Quarter you can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When you're ready, you can buy more shares until you staircase to owning 100% of your home. These apartments will appeal to professionals working locally and those commuting to London."

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Agent details

Mann Croydon

  • 105 South End
  • Croydon
  • Greater London
  • CR0 1BG
Phone IconIcon set Phone 020 3369 4358

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