Ditch the rent and buy for less in Croydon
If you’re paying the average £670* per month on renting a one-bedroom Croydon property, then the mortgage on a brand new apartment at Taylor Wimpey’s 793 London Road development could well cost you less!
Available from only £139,995, the leading housebuilder’s fabulous collection of one-bedroom flats for sale in Croydon offers a realistic alternative to paying your landlord.
By snapping up one of the stylish apartments at 793 London Road, you could save thousands of pounds a year in rent on your new flat in Croydon and your monthly mortgage repayments could be less than £470** a month – that’s just £117.50 a week!
Marie-Claire Travis, Regional Sales and Marketing Director for Taylor Wimpey, says: “A lot of people living in rented apartments in Croydon would prefer to purchase a property of their own, but many may be put off by the incorrect assumption that they would be paying more for their mortgage repayments than their monthly rent.
“Thanks to the great-value prices of our stunning Croydon flats at 793 London Road, the cost of home ownership compares favourably with renting and could even work out cheaper for first-time buyers.”
Each new one-bedroom apartment at 793 London Road is characterised by a spacious lounge/dining room and open-plan fitted kitchen with integrated oven, hob and hood, while a double bedroom, a bathroom and a handy storage cupboard can also be found off the entrance hallway.
Most feature private balconies, and homeowners can also enjoy the benefits of a beautiful communal garden terrace – a rare commodity for properties in Croydon.
An ideal location for anyone looking for property for sale in Croydon, 793 London Road is within easy reach of a wide range of shops and restaurants, a new sports and leisure centre and Thornton Heath railway station, which puts London Victoria only 25 minutes away.
Croydon town centre is just two miles from the new homes, providing an excellent array of trendy bars and places to eat, a wealth of shops and leisure facilities including the Centrale shopping centre, the Clocktower theatre, Croydon Sports Arena and a choice of cinemas and dance venues.
The Sales Centre at 793 London Road is open Friday to Monday from 11am to 6pm and from 1pm to 8pm on Thursdays.
* According to nestoria.co.uk, the average monthly rent on a one-bedroom property in Thornton Heath was £670 on April 27th 2010.
** Assumes borrower is aged over 18. Loan of £111.396 over 30 years on a repayment mortgage basis and payment of £464.28 which is a discount variable pay rate for 2 years of 3.49% followed by lenders standard variable rate of 4% with monthly payment of £496.59. Typical APR is 4.1%. A mortgage application fee of £257 is payable on application and a lenders arrangement fee of £499 will be added to the loan. All loans subject to status and valuation.
