Ira Court, SE27 9AQ

Shared Ownership

Full Market Value: £385,000

Share Value (70%): £276,500

Monthly Rent: £222.08

Service Charge: £251.19

Council Tax Band: C

125 year lease commenced April 2011 - 112 years remaining

EWS1 - B2 Rating

For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this property*

L&Q welcomes you to view this two bedroom, fifth floor apartment.

Thisbright andspacioustwo bedroom apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private balcony. The kitchen is fitted with white wall and base units, with under-cupboard lighting, and a white stone effect worktop. The kitchen also benefits from integrated appliances including a oven, hob and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. Bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. Additional double storage cupboards in hallway. Allocated parking spaces. This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Perfect location for those seeking convenient access to The City, thanks to its close proximity to Tulse Hill station. Tailored for commuters, Tulse Hill station has brilliant transport connections to The City and beyond, such as direct routes to London Bridge via Peckham Rye and London Blackfriars through the Thameslink line. Additionally, local bus services are readily available for commuters, with the number 2 route leading to Marylebone and the 68-route connecting to Waterloo.

The Thameslink service provides a valuable advantage for frequent flyers, offering a direct train to Luton with a convenient shuttle bus connection to the airport. Additionally, Gatwick Airport is easily accessible within an hour through a connection at East Croydon.

In addition to the excellent transport links, the property is also positioned close to a wide array of popular local amenities. Residents can enjoy tasty and refreshing food and drinks served by both independently owned boutiques and popular large franchises, including the vibrant Queen of the South and Railway Tavern. The famous West Norwood Picturehouse is also within walking distance of the property. Additionally, the area boasts excellent local schools and nurseries, such as Hitherfield Primary School and Streatham Wells Primary School.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £70,199. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of July 2024.

*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.