£207,500
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
A spacious, seventh-floor apartment in an enviable location. The high-spec property features attractive, walnut-style flooring in the entrance hall, in the generously-sized kitchen area and in the reception room. A glazed door leads from the latter out onto an east-facing balcony. The bedrooms are both comfortable doubles, the bathroom is smart and modern with premium fittings and a trio of large, built-in storage/utility cupboards have been provided. Elmbridge House is part of a recently-built development in the Nine Elms Regeneration Area. Demanding insulation standards, high performance glazing and underfloor heating from a communal hot water system make for a very good energy-efficiency rating. Battersea Park is only a few minutes away, offering a lake, a range of sports facilities and green open spaces. Battersea Park Station and Queenstown Road are close and the redeveloped Battersea Power Station site provides restaurants, bars and stores as well as a new Northern Line station. Food shopping is convenient with Waitrose and Sainsbury's supermarkets in the local area and nearby Chelsea Bridge also means areas north of the Thames are in easy reach.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £830,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3yhvu4mm]
(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 01/01/2020).
Minimum Share: 25% (£207,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £554.67 per month (subject to annual review).
Service Charge: £315.99 per month (subject to annual review).
Guideline Minimum Income: Dual - £70,200 | Single - £81,100 (based on minimum share and 10% deposit).
Council Tax: Band F, London Borough of Wandsworth. 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 may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner). There is no parking space offered with this property.
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