£105,000
A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
A rare chance to buy a shared-ownership flat in a beautiful, double-fronted Victorian building. The smartly-presented property is on the third (top) floor and has an approximately twenty-three-foot reception room with open-plan kitchen area and Velux-style windows on three sides. The bedrooms are generously-sized doubles, there is a spacious bathroom and a naturally-lit entrance hall with built-in cupboard. Modern insulation standards and gas central heating combined with the double-glazed windows have resulted in a good energy-efficiency rating. The block has gated, well-maintained grounds including a communal garden and a car park to the rear with a space allocated to this flat. Alternatively, Surbiton Railway Station is only a short walk away for services to a number of destinations including frequent trains into Waterloo. St Matthew's CofE Primary School is very close, and Ofsted-rated 'Good' plus there are several other well-thought-of schools in the local area.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £420,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/usuraxzv]
(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 01/02/2014).
Minimum Share: 25% (£105,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £676.76 per month (subject to annual review).
Service Charge: £147.94 per month (subject to annual review).
Ground Rent: £250.00 for the year.
Guideline Minimum Income: Dual - £43,500 | Single - £49,800 (based on minimum share and 10% deposit).
Council Tax: Band D, Royal (London) Borough of Kingston Upon Thames. 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).