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Leon House
1 - 2 bedroom homes for sale in High Street, Croydon, CR0 9WX

What is Shared Ownership?

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Read more about Shared Ownership. (Opens in new window)

Scheme Shared Ownership
Availability Available
Minimum share price from £80,000 for a 25% share
Full price from £320,000
Minimum deposit from £4,000
Monthly rent from £550
Service charge from £152
Bedrooms 1 - 2
Bathrooms 1 - 2
Parking 0 space
Wheelchair accessibility Yes

Overview

SHARED OWNERSHIP FROM 25% SHARES IN A LUXURY DEVELOPMENT IN CROYDON*

Amenities include a communal working area in the lobby with free WiFi, roof top garden with far-reaching views of London and Surrey, concierge and private hire dining / function room with fully functioning kitchen.

Every aspect of each apartment has been designed by Love Interiors who worked with the form and function of the building to keep interiors clean, modern and clutter-free using quality materials like oak flooring and specialist ceramics.

Compared to other modern developments, room sizes are generous which, together with high ceilings and large windows, gives wonderful light and space in your new home.

 

*Terms and conditions and eligibility criteria apply. Prices and details correct at time of broadcast. 

Plot availability

Scheme Shared Ownership
Availability Available
Minimum share 25%
Minimum share price £81,250
Full market price £325,000
Monthly rent £559
Monthly service charge £152
Plot 115
Floor Tenth
Beds 1
Bathrooms 1
Parking 0 space
Freehold or leasehold Leasehold - What is this?
Scheme Shared Ownership
Availability Available
Minimum share 25%
Minimum share price £81,250
Full market price £325,000
Monthly rent £559
Monthly service charge £152
Plot 116
Floor Tenth
Beds 1
Bathrooms 1
Parking 0 space
Freehold or leasehold Leasehold - What is this?
Scheme Shared Ownership
Availability Available
Minimum share 25%
Minimum share price £107,500
Full market price £430,000
Monthly rent £739
Monthly service charge £200
Plot 118
Floor Tenth
Beds 1
Bathrooms 1
Parking 0 space
Freehold or leasehold Leasehold - What is this?
Scheme Shared Ownership
Availability Available
Minimum share 25%
Minimum share price £81,875
Full market price £327,500
Plot 130
Floor Eleventh
Beds 1
Bathrooms 1
Parking 0 space
Freehold or leasehold Leasehold - What is this?
Scheme Shared Ownership
Availability Available
Minimum share 25%
Minimum share price £83,750
Full market price £335,000
Monthly rent £576
Monthly service charge £152
Plot 150
Floor twelfth
Beds 1
Bathrooms 1
Parking 0 space
Freehold or leasehold Leasehold - What is this?

Local area information

The London Borough of Croydon is finally coming of age.  New retail, dining and office development is transforming Croydon. From new tech start-ups to Boxpark, it is one of London's fastest growing economies.  Uniquely located, high speed road, rail and tram connections integrate Croydon into Central London and the South East.

Westfield is bringing a whole new dimension of shopping to Croydon.  On the site of the former Whitgift Centre and Centrale, Westfield Croydon will include a flagship John Lewis store, plus dozens of other big-name fashion and designer retailers, restaurants and bars.

Croydon Borough Council

CR0 9WX

Housing provider

Legal & General Affordable Homes sales@landgah.com

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Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

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Freehold is where a person or organisation has outright ownership, forever, of a property and the land it’s built on.

Leasehold is a long-term tenancy where someone buys the right to live in a property for a certain period, usually 99 or 125 years. Unless the leaseholder makes arrangements to extend it, once the lease ends, ownership of the property returns to the freeholder. As a leaseholder, if you own a property in a block of flats, you don’t own the land the property sits on. This is owned by the freeholder of the property. Leaseholders usually pay ground rent too.

The rules a leaseholder must follow are governed by a contract, known as the lease. It can include restrictions on what they can do to a property. For example, whether they can have pets and whether they can rent the property out. The lease will also detail the leaseholder's rights. These may include, for example, the right to use the common parts or gardens, or to park a car in a shared car park.

You can find out more about leasehold and freehold from the Mayor’s Leasehold Guide for Londoners.

Freehold is where a person or organisation has outright ownership, forever, of a property and the land it’s built on.

Leasehold is a long-term tenancy where someone buys the right to live in a property for a certain period, usually 99 or 125 years. Unless the leaseholder makes arrangements to extend it, once the lease ends, ownership of the property returns to the freeholder. As a leaseholder, if you own a property in a block of flats, you don’t own the land the property sits on. This is owned by the freeholder of the property. Leaseholders usually pay ground rent too.

The rules a leaseholder must follow are governed by a contract, known as the lease. It can include restrictions on what they can do to a property. For example, whether they can have pets and whether they can rent the property out. The lease will also detail the leaseholder's rights. These may include, for example, the right to use the common parts or gardens, or to park a car in a shared car park.

You can find out more about leasehold and freehold from the Mayor’s Leasehold Guide for Londoners.