Dowland House, Dunstan Grove, SE20 8FA

SHARED OWNERSHIP

Full Market Value: £315,000

Share Value (30%): £94,500

Monthly Rent: £757.94

Service Charge: £255.73

Council Tax Band: C

125 year lease commenced August 2016 - 117 years remaining

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

L&Q welcomes you to view this one bedroom, ground floor apartment.

Thisbright one bed apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light and door leading to private balcony. The kitchen is fitted with charcoal wall and cream base units and a oak effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from built-in wardrobes. The bathroom comes complete with a white three-piece suite with a shower over bath and a tiled surround, heated radiator and large wall mirror.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Penge West (for the Overground) just a short walk away, reaching the Jubilee and Elizabeth Line quickly and easily, and Penge East and Crystal Palace just a 15 minute walk away, offering high-speed links to Victoria and many other key locations across London.
Without even jumping on the tube or in the car, you're only a stone's throw from Crystal Palace Park, and Crystal Palace itself. The famous triangle is reached by a short walk up Anerley Hill, home of some of South London's most exciting new pop-up bakeries, cafes, shops and wine bars.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £55,746. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of January 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.