2 bed flat for sale in Lambourne House, Apple Yard, Penge SE20, £174,000

174,000.00

Offer Nr.:
64982663
Type of ad:
for Sale
Property type:
2 bed flat
Bedrooms:
2
Bathrooms:
1
Reception rooms:
1
Contact name:
Urban Moves
Phone(s):
020 3641 8096

* Leasehold
* Guideline Minimum Deposit £17, 400
* Guideline Income £62. 1k (dual) £71. 5k (single)
* Fourth Floor (building has a lift)
* Approx. 713 Sqft Gross Internal Area
* High Performance Glazing
* Communal Heating and Hot Water System
* Balcony Overlooking Communal Garden
* Parking Space
Shared ownership (Advertised price represents 40% share. Full market value
£435, 000). An attractive, fourth - floor apartment which has a twenty - foot
kitchen/dining room featuring integrated appliances and a reception room that
opens onto a balcony overlooking the neatly - tended communal garden. There is a
spacious main bedroom plus a second comfortable double bedroom, a stylish
bathroom and useful built - in storage/utility cupboards in the entrance
hallway. Lambourne House is part of a recently - constructed development and
well insulated walls, high performance glazing and a communal heating/hot
water system have resulted in a very good energy - efficiency rating. Anerley
Station, for London Overground services, is only a short walk away. Crystal
Palace Station and the nearby park are also within easy reach. The apartment
comes with use of a parking space plus the communal cycle store.
**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 2019).
_Minimum Share: _ 40% (£174, 000). The housing association will expect that you
will purchase the largest share affordable.
_Shared Ownership Rent: _ £623. 49 per month (subject to annual review).
_Service Charge: _ £237. 46 per month (subject to annual review).
_Guideline Minimum Income: _ Dual - £62, 100 Single - £71, 500 (based on minimum
share and 10% deposit).
_Council Tax: _ Band C, London Borough of Bromley. 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).
_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.
Fourth Floor
Entrance Hallway
Reception Room
11' 6" x 10' 0" (3. 51m x 3. 05m)
Balcony
Kitchen / Dining Room
20' 10" max. X 9' 11" max. (6. 35m x 3. 02m)
Bedroom 1
15' 0" max. X 10' 0" max. (4. 57m x 3. 05m)
Bedroom 2
10' 7" max. X 10' 4" max. (3. 23m x 3. 15m)
Bathroom

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