Fount Spring Place in Kenley
by Southern Housing New Homes
1 & 2 bedroom apartments
£76,250 - £99,375 for a 25% share
(£305,000 - £397,500 Full Market Value)
Banstead Road, Purley, Kenley, Surrey, CR8 3BZ
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Welcome to Leafy Fount Spring Place, Purley.
Final two property remain.
Monthly Costs starting from £1060**
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.
To be eligible for Shared Ownership:
- Your household income must be no more than £90,000
- You cannot own another own property at the time of completing your purchase
- You must be over 18 years of age and able to obtain a mortgage
**Monthly costs is a combined amount of the mortgage repayment, monthly rent and service charge (service charge faces a capped yearly increase - read pricelist for more information).
Example Shared ownership share price options
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 | £99,375 |
| 30% share | £91,500 | £119,250 |
| 35% share | £106,750 | £139,125 |
| 40% share | £122,000 | £159,000 |
| 45% share | £137,250 | £178,875 |
| 50% share | £152,500 | £198,750 |
| 55% share | £167,750 | £218,625 |
| 60% share | £183,000 | £238,500 |
| 65% share | £198,250 | £258,375 |
| 70% share | £213,500 | £278,250 |
| 75% share | £228,750 | £298,125 |
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.