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£175,000
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
An attractively-presented, ninth-floor apartment in this smart, modern development. The property has two built-in storage/utility cupboards off the entrance hall and a spacious, high-spec bathroom. The reception room features a dining area, a fully-fitted kitchen and a living area with a glazed door that opens onto the east-facing balcony. The bedroom is generously sized and there is underfloor heating throughout. Well insulated walls, high performance glazing and a communal hot water system have resulted in a very good energy-efficiency rating. Elmbridge House is just a few minutes from the lake, sports facilities and open spaces of Battersea Park. Battersea Park Station and Queenstown Road are close and the redeveloped Battersea Power Station site offers restaurants, bars and stores as well as a new Northern Line station. Food shopping is convenient with Waitrose and Sainsbury's supermarkets in the local area and nearby Chelsea Bridge also means areas north of the Thames are in easy reach.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £700,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3thf5rxt]
(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 01/01/2020).
Minimum Share: 25% (£175,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £693.11 per month (subject to annual review).
Service Charge: £245.00 per month (subject to annual review).
Guideline Minimum Income: Dual - £65,400 | Single - £75,400 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Wandsworth. 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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