Cushing House, 4 Russell Hill, Purley, CR8 2FW

A rare chance to buy a three-bedroom, shared-ownership flat. The property is on the ground floor of a recently-constructed development set back from the road, just off Russell Hill. The approximately twenty-six-foot reception room has a stylish, semi-open-plan kitchen area with handle-less units and integrated appliances. Patio doors lead out onto a south-facing balcony overlooking the communal garden. There is a main bedroom with en-suite shower room plus a spacious second bedroom, a smaller third double bedroom and an attractive family bathroom. A pair of large storage/utility cupboards have been provided in the entrance hallway and well insulated walls and floor, high performance glazing and a modern gas central heating all contribute towards a very good energy-efficiency rating. Ofsted list three primary schools and three secondary schools within a mile radius, all rated 'Good'. The flat comes with use of an off-street parking space and is also just a short walk from Purley Station.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £550,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/y9zx4hhk]

(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 (250 years from 31/03/2023).
Minimum Share: 25% (£137,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £1029.48 per month (subject to annual review).
Service Charge: £202.70 per month (subject to annual review).
Guideline Minimum Income: Dual - £68,400 | Single - £79,000 (based on minimum share and 10% deposit).
Council Tax: Band E, London Borough of Croydon. 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 not permitted (except assistance animals).