118, Lambourne House, London, SE20 8FX

Shared ownership (Advertised price represents 30% share. Full market value £465,000). This generously-sized and smartly-presented apartment is on the ground floor and accessed via a private entrance.

The property has a twenty-one-foot reception with open-plan kitchen area featuring sleek, handle-less units and integrated appliances.

A glazed door leads from the living area out to a patio/balcony on the south-west side of the building.

There is a large main bedroom plus a good-sized second double bedroom and a spacious and stylish bathroom.

Lambourne House is part of a recently-constructed development built around an attractive communal garden (plus small public park to the south).

Demanding insulation standards, high performance glazing and a communal heating/hot water system have resulted in a very good energy-efficiency rating.

The apartment comes with an allocated, on-street parking space plus use of the communal cycle store. Anerley Station, for London Overground is only a short walk away.

Crystal Palace Station and the nearby park are also within 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 24/06/2019).

Minimum Share: 30% (£139,500). The housing association will expect that you will purchase the largest share affordable. Shared Ownership Rent: £969.63 per month (subject to annual review).

Service Charge: £222.87 per month (subject to annual review). Guideline Minimum Income: Dual - £65,800 | Single - £75,900 (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 may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner). 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.

Reception 21' 9" x 14' 4" (6.62m x 4.38m) Kitchen Included in reception measurement Bedroom 2 13' 8" max. X 9' 5" max. (4.17m x 2.87m) Bedroom 1 13' 8" max. X 13' 1" max.

(4.17m x 3.99m) Bathroom 8' 6" max. X 8' 6" max. (2.60m x 2.58m)