* Leasehold
* Guideline Minimum Deposit £13, 650
* Guide Min Income - Dual £48. 4k Single £55. 4k
* Top Floor (third, building has a lift)
* Approx. 558 Sqft Gross Internal Area
* High Performance Glazing
* Open Plan Kitchen/Reception Room
* Balcony Overlooking Communal Courtyard
* Short Walk from Queens Road Peckham Station
Shared ownership (Advertised price represents 35% share. Full market value
£390, 000). This spacious and stylishly - presented, top - floor apartment features
a generously - sized reception room with sleek, open - plan kitchen area and a
door that leads out onto a courtyard (west) facing balcony. The bedroom
includes a built - in wardrobe, there is a smart, modern bathroom and a
storage/utility cupboard has been provided in the entrance hallway. Well
insulated walls and roof, high performance glazing and gas central heating
make for a very good energy - efficiency rating. Megan Court is set back from
the road and has a communal cycle store accessed from the ground - floor lobby.
The development is located just a short walk from Queens Road Peckham Station.
Interested parties are required to complete the shared ownership common
application form **[here; ]**
(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 2017).
_Minimum Share: _ 35% (£136, 500). The housing association will expect that you
will purchase the largest share affordable.
_Shared Ownership Rent: _ £701. 87 per month (subject to annual review).
_Service Charge: _ £33. 86 per month (subject to annual review).
_Ground Rent: _ £250. 00 for the year.
_Guideline Minimum Income: _ Dual - £48, 400 Single - £55, 400 (based on minimum
share and 10% deposit).
_Council Tax: _ Band B, 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 not permitted (except
assistance animals). There is no parking space offered with this property.
_What is shared ownership ?_
Shared Ownership is a housing scheme designed to help homebuyers who are
unable to afford the cost of buying a property outright on the open market.
Properties may be sold off - plan or new build direct from housing associations,
or pre - owned from existing shared owners. The rules and terms of the scheme
are set by the Greater London Authority (gla) in London and Homes England
outside of London.
_Is shared ownership for you ?_
The gla and Homes England set the eligibility criteria for Shared Ownership,
but broadly speaking you must:
1\. Not own another property in the UK or any other country.
2\. Have a household income that falls below £90, 000 (£80, 000 threshold
outside the M25). Every property will have a minimum income level too,
determined by its’ value, rent and service charge costs. In most cases you
will need to meet or exceed the given minimum income.
3\. Have access to a minimum deposit of 10% of the share being purchased (a
minimum deposit of 5% of the share being purchased may be acceptable depending
on individual financial status).
4\. Be in full time permanent employment.
5\. Be a British, EU or eea Citizen or have indefinite leave to remain in the
UK.
6\. Have a good credit history.
Third Floor
Entrance Hallway
Reception Room
18' 8" max. X 16' 8" max. (5. 69m x 5. 08m)
Balcony
16' 0" x 5' 8" (4. 88m x 1. 73m)
Kitchen
included in reception measurement
Bathroom
Bedroom
11' 9" x 11' 6" max. (3. 58m x 3. 51m)

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: