by Southern Housing New Homes
1 bedroom apartments
£76,250 - £76,875 for a 25% share
(£305,000 - £307,500 Full Market Value)
Banstead Road, Purley, Kenley, Surrey, CR8 3EB
You can see all of this and much more by requesting the development brochure. Simply complete the short form below.
Join us on Thursday 28th March, 4 -8pm for our Fount Spring Place Open Day ! - Speak to our Sales Executives about the exciting Incentives available and see how Shared Ownership can work for you ! Book Your Place Below…
Only 3 ONE bed properties remain at Fount Spring Place !
A collection of 1 & 2-bedroom Shared Ownership apartments in Purley, Croydon, just a 6-minute walk from Purley Station.
Designed by award-winning architects Proctor & Matthews, each carefully considered apartment benefits from its own private balcony, fitted kitchen with integrated appliances, high ceilings, and flooring throughout - as well as a communal courtyard and under 5's play area.
What is Shared Ownership?
Shared Ownership is a government-backed scheme, designed to make stepping onto or along the property ladder more affordable by buying a share of the property and paying a subsidised rent on the rest.
Because your deposit is based on the share you buy, it's less than buying on the open market and you can choose when you want to purchase any extra shares of your home through staircasing.
Am I eligible for Shared Ownership?
To be eligible for Shared Ownership:
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 25% share | £76,250 | £76,875 |
| 30% share | £91,500 | £92,250 |
| 35% share | £106,750 | £107,625 |
| 40% share | £122,000 | £123,000 |
| 45% share | £137,250 | £138,375 |
| 50% share | £152,500 | £153,750 |
| 55% share | £167,750 | £169,125 |
| 60% share | £183,000 | £184,500 |
| 65% share | £198,250 | £199,875 |
| 70% share | £213,500 | £215,250 |
| 75% share | £228,750 | £230,625 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
