Buying a place of your own in London could be more attainable than you think.
Croydon has been crowned the most affordable location for home hunters in the capital, with research from Zoopla indicating that you can get on the property ladder for as little as £76,000 in a shared-ownership home.
That could mean a 5% deposit of just £3,800 with the right lender.
For those uninitiated, Croydon offers a unique blend of urban vibrancy and the presence of parks like Lloyd Park and Addington Hills offer a rejuvenating escape from city life.
With three stations, a wide choice of brand-new flats and a plethora of things to do, the location ticks so many boxes. Here are just a few of the property options out there.
Crescent Gardens
From £75,625 for 25% of £302,500
Located in the town centre, this collection of studio, one and two-bedroom shared ownership flats is ready to move into.
Most include a balcony and there’s also a communal roof terrace.
East Croydon station is a short walk and from there it’s a 15-minute commute into London Bridge or Victoria.
More information on Crescent Gardens can be found through Latimer Homes.
Addiscombe Oaks
From £81,250 for a 25% of £325,000
These shared ownership flats are a stone’s throw from East Croydon station, and range from studios to family-sized three-bedders, all with private outdoor space plus use of a communal garden.
Reserve by January 31 to receive up to £1,500 towards buying costs plus £1,000 in vouchers after moving in.
More information can be found on Addiscombe Oaks can be found through LQ Homes.
Aspect Croydon
From £88,750 for 25% of £355,000
Fabulous views come as standard in the Skyline Apartments, the latest phase of one, two and three-bedroom shared ownership homes in this contemporary tower.
On the 26th floor, each has a winter garden, underfloor heating and floor-to-ceiling windows.
You’ll get a deposit boost of up to £6,000 when reserving by January 27.
More information can be found on Aspect London can be found through NHG Sales.
Addiscombe Grove
From £199,999
Pocket Living homes are always sold at least 20% below market value, but one of the flats here is discounted further if reserved by March 15, making it surely one of London’s cheapest new-builds.
You’ll get £2,500 towards moving costs with the others, all one-beds. Facilities include roof gardens.
London Square Croydon
From £358,000
One, two and three-bedroom flats with a concierge, residents’ lounge and roof terraces – all situated close to stations, shops and bustling nightlife.
Two and three-bedroom show homes, from £475,000, are being sold fully furnished and if your budget doesn’t stretch that far, the London Square sales team are offering tailor-made solutions to help first-time buyers get the purchase over the line.
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