Ira Court
£276,500 for a 70% share
Property description
Allocated Parking, Private Balcony, Long Lease Term
Property address
Ira Court, Norwood Road, SE27 9AQ, SE27 9AQ
2 
1 Shared Ownership
Shared Ownership
Full Market Value: £385,000
Share Value (70%): £276,500
Monthly Rent: £222.08
Service Charge: £251.19
Council Tax Band: C
125 year lease commenced April 2011 - 112 years remaining
EWS1 - B2 Rating
L&Q welcomes you to view this two bedroom, fifth floor apartment.
This bright and spacious two bedroom apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private balcony. The kitchen is fitted with white wall and base units, with under-cupboard lighting, and a white stone effect worktop. The kitchen also benefits from integrated appliances including a oven, hob and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. Bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. Additional double storage cupboards in hallway. Allocated parking spaces. This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Perfect location for those seeking convenient access to The City, thanks to its close proximity to Tulse Hill station. Tailored for commuters, Tulse Hill station has brilliant transport connections to The City and beyond, such as direct routes to London Bridge via Peckham Rye and London Blackfriars through the Thameslink line. Additionally, local bus services are readily available for commuters, with the number 2 route leading to Marylebone and the 68-route connecting to Waterloo.
The Thameslink service provides a valuable advantage for frequent flyers, offering a direct train to Luton with a convenient shuttle bus connection to the airport. Additionally, Gatwick Airport is easily accessible within an hour through a connection at East Croydon.
In addition to the excellent transport links, the property is also positioned close to a wide array of popular local amenities. Residents can enjoy tasty and refreshing food and drinks served by both independently owned boutiques and popular large franchises, including the vibrant Queen of the South and Railway Tavern. The famous West Norwood Picturehouse is also within walking distance of the property. Additionally, the area boasts excellent local schools and nurseries, such as Hitherfield Primary School and Streatham Wells Primary School.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £70,199. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of July 2024.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £395,000 |
|---|---|
| Minimum Share Percentage | 70% |
| Minimum Share Value | £276,500 |
| Monthly Service Charge | £251 |
| Minimum Deposit | £27,650 |
Perfect location for those seeking convenient access to The City, thanks to its close proximity to Tulse Hill station. Tailored for commuters, Tulse Hill station has brilliant transport connections to The City and beyond, such as direct routes to London Bridge via Peckham Rye and London Blackfriars through the Thameslink line. Additionally, local bus services are readily available for commuters, with the number 2 route leading to Marylebone and the 68-route connecting to Waterloo.
The Thameslink service provides a valuable advantage for frequent flyers, offering a direct train to Luton with a convenient shuttle bus connection to the airport. Additionally, Gatwick Airport is easily accessible within an hour through a connection at East Croydon.
In addition to the excellent transport links, the property is also positioned close to a wide array of popular local amenities. Residents can enjoy tasty and refreshing food and drinks served by both independently owned boutiques and popular large franchises, including the vibrant Queen of the South and Railway Tavern. The famous West Norwood Picturehouse is also within walking distance of the property. Additionally, the area boasts excellent local schools and nurseries, such as Hitherfield Primary School and Streatham Wells Primary School.
Parking
- Allocated parking
Others
- Balcony