Connells says ..
Stylish two bedroom apartment at Earl Heights, offering 25% shared ownership and a fantastic location just 0.4 miles from to East Croydon train station. Full market value has just been reduced by £10,000, meaning 25% shares are now available under £100,000**
Property Oracle says ..
This listing presents a two-bedroom apartment in Croydon, located in the Park Hill & Whitgift area near East Croydon station. The property is described as a stylish two-bedroom apartment with a good location. The images show a modern, well-presented interior with a contemporary design. A small balcony is visible in the photos. The proximity to East Croydon station and the nearby schools adds to the appeal of the property’s location. However, the listing explicitly states this is a shared ownership apartment, meaning that the buyer will only purchase a percentage (25% in this case) of the property’s overall market value. The overall market value has been reduced which indicates the property is potentially part of a larger scheme with multiple apartments of varying sizes and values. Further investigation is required to fully understand the financial implications of the shared ownership model before reaching a firm conclusion on value for money. The absence of plot size data and the price per square foot limit analysis. The location is attractive due to the transport and school proximity. Overall this property appears to be presented as good value but buyers need to fully understand the terms of the shared ownership scheme before committing to a purchase.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 693.20
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Agent Activity
Connells created the listing.
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