* Leasehold
* Guideline Minimum Deposit £20, 850
* Guideline Income £67k (dual) £77. 3k (single)
* Sixth Floor with Balcony
* Approx. 615 Sqft Gross Internal Area
* Open Plan Kitchen/Reception Room
* Underfloor Heating Throughout
* Minutes from Battersea Park Station
* Short Walk to Queenstown Road/Battersea Power Station
Shared ownership (Advertised price represents 30% share. Full market value
£695, 000). A spacious and smartly - presented apartment on the sixth floor. The
high - spec property features a twenty - two - foot reception room with well -
equipped, open - plan kitchen and a door that leads out onto the west - facing
balcony. The bedroom is generously - sized, the bathroom simple and modern with
premium fittings and a pair of storage/utility cupboards have been provided in
the entrance hallway. Elmbridge House is part of a recently - built development
in the Nine Elms Regeneration Area. Demanding insulation standards, high
performance glazing and underfloor heating fed from a communal hot water
system make for a very good energy - efficiency rating. Battersea Park is only a
few minutes away, offering a lake, sports facilities and large open spaces.
Battersea Park Station and Queenstown Road are close and the redeveloped
Battersea Power Station site provides 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.
**Interested parties are required to complete the shared ownership common
application form
**
**[]**
(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 2020).
_Minimum Share: _ 30% (£208, 500). The housing association will expect that you
will purchase the largest share affordable.
_Shared Ownership Rent: _ £581. 29 per month (subject to annual review).
_Service Charge: _ £203. 67 per month (subject to annual review).
_Guideline Minimum Income: _ Dual - £67, 000 Single - £77, 300 (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 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.
Sixth Floor
Entrance Hall
11' 6" x 8' 11" (3. 51m x 2. 72m)
Reception
22' 6" max. X 16' 4" (6. 86m x 4. 98m)
Kitchen
included in reception measurement
Balcony
14' 8" x 5' 1" (4. 47m x 1. 55m)
Bedroom
15' 3" x 9' 2" (4. 65m x 2. 79m)
Bathroom
7' 2" x 6' 8" (2. 18m x 2. 03m)

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