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£350,000
Asking price

1 bed flat for sale 242 South Norwood Hill, London

1 bed 1 bath Apartment
Leasehold

Added yesterday

About this property

Stunning one bedroom fourth floor flat with private balcony and fantastic views, ideally situated in a popular development on the borders of South Norwood and Crystal Palace, within easy reach of transport links and amenities. The property offers light and spacious, well appointed accommodation with stylish interiors and high quality finish throughout - ideal for first time buyer or investor alike. Features include a generous open plan reception/kitchen, modern bathroom, quality floor coverings, gas central heating, double glazing, residents lift, private parking and share of freehold.

Key features

  • Stunning One Bedroom Fourth Floor Flat
  • Outstanding Views
  • Borders of South Norwood/Crystal Palace
  • Popular Development
  • Light and Spacious Open Plan Reception/Kitchen
  • Lift Access
  • Private Balcony
  • Modern Bathroom with Bath and Separate Shower
  • Share of Freehold
  • Easy Access Transport Links and Amenities

Floorplan

Location

242 South Norwood Hill, London, SE25 6BB

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

Mortgage and stamp duty

Property price £350,000
£175k £525k
Deposit10% £35,000
£0 £350k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £315,000 mortgage. Most lenders would want a household income of about £70,000 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 6BB. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 18, Hazel Bank, 242, South Norwood Hill Flat / maisonetteFeb 2023£346,000
Flat 20, Hazel Bank, 242, South Norwood Hill Flat / maisonetteFeb 2023£340,000
Flat 17, Hazel Bank, 242, South Norwood Hill Flat / maisonetteJan 2023£345,000
Flat 19, Hazel Bank, 242, South Norwood Hill Flat / maisonetteJan 2023£346,000
Flat 22, Hazel Bank, 242, South Norwood Hill Flat / maisonetteJan 2023£425,000
Flat 21, Hazel Bank, 242, South Norwood Hill Flat / maisonetteNov 2022£440,000
Flat 4, Hazel Bank, 242, South Norwood Hill Flat / maisonetteApr 2021£245,000
Flat 1, Hazel Bank, South Norwood Hill Flat / maisonetteNov 2015560 sq ft £451/sq ft£252,500

All sales on South Norwood Hill → All sold prices in Croydon →

Area insights

The neighbourhood around this property.

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