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£156,000
OIRO

Flat for sale 22 Lancaster Road, London

0 beds 1 bath Studio flat
Leasehold

Added yesterday

About this property

Well presented studio flat with private garage, residents parking, long lease and no chain, ideally situated close to Norwood Junction station and local amenities. Ideal for first time buyer or investor, the property offers bright, well planned accommodation with modern interiors and neutral finish throughout. Features include a generous studio room with adjoining well equipped kitchen area, modern shower room, electric heating, and double glazing.

Key features

  • Well Presented Studio Flat
  • Popular Purpose Built Development
  • Modern Interiors
  • Light and Spacious Studio Room
  • Well Equipped Kitchen Area
  • Shower Room
  • Garage
  • Residents Parking
  • Close to Norwood Junction Station and Amenities
  • Share of Freehold - No Chain

Floorplan

Location

22 Lancaster Road, London, SE25 4AP

Council tax
Band D (Approx £2,600/year)

Mortgage and stamp duty

Property price £156,000
£78k £234k
Deposit10% £16,000
£0 £156k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £140,000 mortgage. Most lenders would want a household income of about £32,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in SE25 4AP. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 3, Ridgway Court, 22, Lancaster Road Flat / maisonetteOct 2015603 sq ft £387/sq ft£233,000
Flat 6, Ridgway Court, 22, Lancaster Road Flat / maisonetteFeb 2015592 sq ft £355/sq ft£210,000
Flat 3, Ridgway Court, 22, Lancaster Road Flat / maisonetteAug 2014603 sq ft £307/sq ft£185,000
Flat 6, Ridgway Court, 22, Lancaster Road Flat / maisonetteJan 2012592 sq ft £220/sq ft£130,000
Flat 2, Ridgway Court, 22, Lancaster Road Flat / maisonetteJan 2011517 sq ft £242/sq ft£125,000
Flat 1, Ridgway Court, 22, Lancaster Road Flat / maisonetteJul 2009743 sq ft £246/sq ft£182,950
Flat 6, Ridgway Court, 22, Lancaster Road Flat / maisonetteJan 2007592 sq ft £226/sq ft£134,000
Flat 7, Ridgway Court, 22, Lancaster Road Flat / maisonetteNov 2006323 sq ft £313/sq ft£101,000

All sales on Lancaster Road → All sold prices in Croydon →

Area insights

The neighbourhood around this property.

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