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£175,000
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
A well-proportioned, fifth-floor apartment on the inside of Orchard Courts distinctive curved shape, looking out onto the central courtyard. The reception room is open-plan to a spacious kitchen area. There are two similar-sized double bedrooms and the entrance hallway includes built-in storage/utility cupboards as well as providing access to a stylish bathroom. Well insulated walls, modern double glazing and a communal heating/hot water system make for a good energy-efficiency rating. The apartment comes with use of a secure gated parking space plus access to the communal cycle store. Alternatively, Lower Sydenham Station, for services to Hayes or into London Bridge/Waterloo East/Charing Cross, is only a short walk away. Sydenham Station (London Overground/Mainline) is also within easy reach.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £350,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/2nfvt7p8]
(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 06/09/2019).
Minimum Share: 50% (£175,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £572.55 per month (subject to annual review).
Service Charge: £186.57 per month (subject to annual review).
Guideline Minimum Income: Dual - £56,300 | Single - £64,800 (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, unfortunately, can only be obtained once you are the property owner).
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