2 bed flat for sale

Ingrebourne Apartments, 5 Central Avenue, Fulham Riverside SW6

Shared ownership (Advertised price represents 25% share. Full market value £575,000). A great chance to buy a shared-ownership apartment in such a desirable and central location. This well-presented property is on the seventh (top) floor and has a twenty-two-foot reception with open-plan kitchen featuring sleek, white units and integrated appliances. A large sliding door leads out onto a balcony that offers a far-reaching view of the surrounding area. The balcony can also be accessed from the smaller of the two bedrooms. The main bedroom is spacious, the bathroom stylish and high-spec and a pair of built-in storage/utility cupboards have been provided in the entrance hall. Residents of the development can make use of excellent facilities including two well-maintained communal gardens, twenty-four-hour concierge, on-site gym, outdoor workout equipment, table tennis and badminton courts plus a cycle storage area. Wandsworth Town Station and Imperial Wharf are both just a short walk away. Clapham Junction, Fulham Broadway and Parsons Green are also within easy reach and Thames Clipper services are available from Chelsea Harbour 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 01/06/2014).
Minimum Share: 25% (£143,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £295.59 per month (subject to annual review).
Service Charge: £386.41 per month (subject to annual review).
Guideline Minimum Income: Dual - £46,400 | Single - £53,100 (based on minimum share and 10% deposit).
Council Tax: Band G, London Borough of Hammersmith & Fulham. 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. 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.

Entrance Hall

9' 9" x 8' 6" (2.97m x 2.59m)

Bathroom

6' 10" max. X 6' 8" max. (2.09m x 2.03m)

Bedroom 1

14' 4" x 10' 2" (4.36m x 3.11m)

Bedroom 2

14' 4" x 6' 11" (4.36m x 2.11m)

Reception

22' 7" x 13' 2" max. (6.89m x 4.01m)

Kitchen

Included in reception measurement

Balcony

16' 3" x 6' 6" (4.95m x 1.98m)