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£72,500
A Fantastic Opportunity to Purchase a Large, One-Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
This generously-sized and smartly-presented apartment is on the second floor and has a twenty-one-foot reception room with open-plan kitchen area. A door leads from the living area out onto a south-east-facing balcony. The bedroom is large and includes a built-in wardrobe plus an additional Juliette balcony. The naturally-lit bathroom is also very spacious and features attractive, marble-style tiles. A pair of storage/utility cupboards have been provided in the entrance hall and the energy-efficiency rating is good, thanks to well insulated walls, modern double glazing and a communal heating/hot water system. Orchard Court has a communal courtyard with bike storage within the building and is only a short walk from Lower Sydenham Station, for services to Hayes or into London Bridge/Waterloo East/Charing Cross. Sydenham Station (London Overground/Mainline) is also within easy reach. There is a Sainsbury's supermarket just minutes from the development and a range of other shops nearby.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £290,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/8s34sym8]
(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 28/06/2019).
Minimum Share: 25% (£72,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £678.65 per month (subject to annual review).
Service Charge: £198.76 per month (subject to annual review).
Guideline Minimum Income: Dual - £38,500 | Single - £44,700 (based on minimum share and 10% deposit).
Council Tax: Band B, 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 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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