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£341,250
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
An attractively-presented apartment on the ground floor of this recently-built block. The property has a spacious, dual-aspect reception room with a door that leads out to a balcony/decked terrace. The open-plan kitchen features sleek, white units and integrated appliances. There is a main bedroom, which also has windows on two sides, plus a second double bedroom, a stylish bathroom and an entrance hallway with large storage/utility cupboard. Well insulated walls and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. Myddleton House is part of a gated development that borders a small nature reserve just off Fortescue Road. Colliers Wood Station, for access to the Northern Line, is just a short walk away. There are shops nearby, Wandle Park offers green, open space to enjoy and Singlegate Primary School is Ofsted-rated 'Outstanding'. The apartment comes with an allocated parking space.
SHARED OWNERSHIP (Advertised price represents 65% share. Full market value £525,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/2zceejht]
(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 01/07/2019).
Minimum Share: 65% (£341,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £562.98 per month (subject to annual review).
Service Charge: £103.12 per month (subject to annual review).
Ground Rent: £300.00 for the year.
Guideline Minimum Income: Dual - £85,100 (minimum share, 15% deposit £51,188) | Single - £88,700 (minimum share, 25% deposit £85,313).
Council Tax: Band D, London Borough of Merton. 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).
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