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£102,500
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £410,000). A spacious and well-presented apartment on the second floor (building has a lift). The property has a pair of built-in storage/utility cupboards just off the entrance hallway, along with a simple, white-tiled bathroom. There is an eighteen-foot, open-plan kitchen/reception room with a large window facing Conington Road. Both bedrooms are generously-sized doubles and the energy-efficiency rating is good, thanks well insulated walls, modern double glazing and a communal heating/hot water system. Nara Building is part of the Silkworks development and has a pleasant communal courtyard. Elverson Road DLR is the nearest station with Lewisham, for services into London Bridge/Waterloo East/Charing Cross/Cannon Street/Victoria, also only a short walk away.
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4eyh3kj2]
(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 less 3 days from 01/01/2009).
Minimum Share: 25% (£102,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £679.08 per month (subject to annual review).
Service Charge: £305.75 per month (subject to annual review).
Guideline Minimum Income: Dual - £50,500 | Single - £57,900 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Lewisham. 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.
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