Buying your own home in London may be more affordable than you think.
Croydon has been named the most inexpensive place for home buyers in the capital, according to Zoopla data, with shared-ownership homes starting at £76,000.
With the proper lender, it might imply a 5% deposit of as little as £3,800.
For those unfamiliar, Croydon provides a distinct combination of urban vibrancy, with parks such as Lloyd Park and Addington Hills providing a revitalising retreat from city life.
With three stations, a large selection of brand-new apartments, and a profusion of activities, the site checks all the right boxes. Here are just a handful of the property alternatives available.
Crescent Gardens
From £75,625 for 25% of £302,500
This mix of studio, one, and two-bedroom shared ownership flats is available for immediate occupancy in the town centre.
Most have balconies, and there is also a shared roof patio.
East Croydon station is a short walk away, and from there it’s a 15-minute ride to London Bridge or Victoria.
More information on Crescent Gardens can be found through Latimer Homes.
Addiscombe Oaks
From £81,250 for a 25% of £325,000
These shared ownership flats are a stone’s throw from East Croydon station and range from studios to family-sized three-bedroom apartments, all with private outdoor space and access to a community garden.
Reserve before January 31 to get up to £1,500 in purchase expenses and £1,000 in vouchers after moving in.
More information can be found on Addiscombe Oaks can be found through LQ Homes.
Aspect Croydon
From £88,750 for 25% of £355,000
The Skyline Apartments, the latest phase of one, two, and three-bedroom shared ownership residences in this modern skyscraper, come with stunning views as standard.
Each room on the 26th story features a winter garden, underfloor heating, and floor-to-ceiling windows.
When you book before January 27, you might receive a deposit bonus of up to £6,000.
More information can be found on Aspect London can be found through NHG Sales.
Addiscombe Grove
From £199,999
Pocket Living houses are usually priced at least 20% below market value, but one of the flats here is even cheaper if reserved by March 15, making it undoubtedly one of London’s cheapest new-builds.
You’ll receive £2,500 towards your relocation expenses along with the other one-bedroom units. Roof gardens are among the available facilities.
London Square Croydon
From £358,000
One, two, and three-bedroom flats with concierge, residents’ lounge, and roof terraces, all conveniently located near trains, shops, and a vibrant nightlife.
Two and three-bedroom display houses start at £475,000 and are sold completely furnished. If your budget does not go that far, the London Square sales team offers tailored solutions to help first-time buyers complete the purchase.
