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1 bed flat for sale Cypress Road, South Norwood

Offers invited

£155,000

Reduced two days ago

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £318 per sq ft
Tenure: Leasehold; 61 years left(from the agent's description)

Service charge £2,764 a yearGround rent £60 a year Council tax Band B

* From the agent's description. Check it with them before you rely on it.

Key features

One bedroom flat
Ground floor Purpose built
Gas central heating system
Entry phone system
Shared lawns to rear
Separate fitted kitchen
Communal Parking
Cash buyers/investors only required for quick sale

About this property

CASH BUYERS /INVESTORS ONLY QUICK SALE REQUIRED!!!

Situated on the South Norwood/Crystal Palace borders, this one-bedroom purpose-built flat forms part of a contemporary development set on a bold corner plot. The property features a modern fitted kitchen, a separate living area, and an attractive white bathroom. A particular advantage is the allocated parking space, complemented by well-maintained shared lawns to the rear of the development.

Floorplan

Council tax

Band B

Location

Cypress Road, South Norwood

Open map Street View

Mortgage and stamp duty

Property price £155,000

£77k £233k

Deposit10% £16,000

£0 £155k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £139,000 mortgage. Most lenders would want a household income of about £31,000 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.