Available

£131,250

Nara Building, Conington Road, London, SE13 7FH
Share 35% / Full price £375,000 / Min deposit £13,125

Apartment
2 bedrooms
1 bathroom

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Summary

A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A smartly-presented apartment on the fifth floor of this modern building. The property has an approximately twenty-four-foot reception room with open-plan kitchen area and a door that leads out onto a south-west-facing balcony. The two bedrooms are both comfortable doubles, there is a sleek, monochrome bathroom and useful fitted storage/utility cupboards have been provided in the entrance hallway. Well insulated walls, modern double glazing and a communal heating/hot water system make for a very good energy-efficiency rating. 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 just a short walk away.

SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £375,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/a4a4arnj]

(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 1st of January 2009).
Minimum Share: 35% (£131,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £703.46 per month (subject to annual review).
Service Charge: £366.52 per month (subject to annual review).
Guideline Minimum Income: Dual - £59,100 | Single - £68,000 (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 may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner). There is no parking space offered with this property.

Description

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Material information

Key Information Document Floor plan Brochure
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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Monthly cost calculator
£131,250 Shared Ownership Resale Full price £375,000
Estimated monthly cost £1,770
£

How is this calculated?

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