1 bed flat for sale

Robinia House, 10 Blondin Way, Rotherhithe SE16

Shared ownership (Advertised price represents 40% share. Full market value £390,000). A beautifully-presented apartment within this distinctive development. The property is on the first floor and has a reception room with attractive flooring, near-full-height windows and a door which leads out onto the balcony. The open-plan kitchen area features sleek, white units, contrasting worktops and integrated appliances. There is a spacious bedroom with fitted wardrobe, a stylish, high-spec bathroom and a large storage/utility cupboard has been provided in the entrance hallway. Well insulated walls, modern double glazing and underfloor heating supplied from a communal system make for a good energy-efficiency rating. Robinia House has a daytime concierge and a communal cycle store. Canada Water Station, for Jubilee Line and London Overground services, is within comfortable walking distance, the 381 and C10 buses pass nearby on route to Waterloo/Victoria, a ferry crosses from the local Doubletree (Hilton) Hotel to Canary Wharf and Thames Clippers stop at Greenland Pier.

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 01/04/2014).
Minimum Share: 40% (£156,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £488.87 per month (subject to annual review).
Service Charge: £239.85 per month (subject to annual review).
Ground Rent: £150.00 for the year.
Guideline Minimum Income: Dual - £52,600 | Single - £60,400 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Southwark. 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.

Reception Room

16' 9" x 13' 1" (5.11m x 3.99m)

Balcony

11' 10" x 4' 5" (3.61m x 1.35m)

Kitchen

8' 0" x 7' 9" (2.44m x 2.36m)

Bedroom

10' 6" x 10' 6" (3.20m x 3.20m)

Bathroom

8' 6" x 6' 1" (2.59m x 1.85m)