Buckstone Apartments, 140 Blackfriars Road, SE1 8BW

A great chance to buy a shared ownership apartment in such a central and desirable location. The exceptionally-large, one-bedroom property is on the second floor and has a twenty-eight-foot reception room with open-plan kitchen area and a sliding door leading out onto a full-width, rear-facing terrace. The generously-sized bedroom also allows access to the terrace and includes a fitted wardrobe. Useful, additional, built-in storage has been provided in the entrance hallway and there is a spacious, stylish and high-spec bathroom. This impressive, recently-constructed development is close to Waterloo and Southwark Stations and the curve in the Thames means that a considerable stretch of both the south and north banks of the river are within comfortable walking distance. Modern insulation standards, high performance glazing and a communal heating/hot water system contribute towards very good energy-efficiency ratings. Buckstone Apartments has a very smart entrance and communal areas. Residents can enjoy use of a 24-hour concierge service, secure basement cycle storage and a communal terrace (which is also on the second floor).

SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £690,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/yk3ymx5x]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (125 years from 2017).
Minimum Share: 35% (£241,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £726.97 per month (subject to annual review).
Service Charge: £321.62 per month (subject to annual review).
Ground Rent: £250.00 for the year.
Guideline Minimum Income: Dual - £85,100 with 10% Deposit (£24,150) | Single - £87,700 with 25% Deposit (£60,375)(based on minimum share).
Council Tax: Band D, London Borough of Southwark. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.