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2 bed Flat For Sale £318,000
Aragon Court, 24 Ascalon Street, London SW8


Description
Shared ownership (Advertised price represents 60% share. Full market value £530,000). A great chance to buy a top-floor apartment with secure parking space, easy access to public transport and which is only a short stroll from the green, open spaces and boating lake of Battersea Park. The smartly-presented property has a 22' reception room with attractive, open-plan kitchen, integrated appliances and wood flooring. There is a spacious main bedroom plus a second double bedroom and a sleek, fully-tiled bathroom. Both bedrooms include a fitted wardrobe and useful additional storage has been provided in the entrance hallway. A balcony spans the full width of the apartment. Aragon Court is a modern development with well insulated walls and roof, high performance glazing and gas central heating making for a very good energy-efficiency rating. The recently-opened Battersea Power Station northern line station is just minutes away and Battersea Park Station (London Overground and Southern trains into Victoria) and Queenstown Road (swr between Weybridge/Teddington and Waterloo) are also nearby.
Interested parties are required to complete the shared ownership common application form


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(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: A2Dominion.
Tenure: Leasehold (125 years from 2013).
Minimum Share: 60% (£318,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £467.36 per month (subject to annual review).
Service Charge: £123.72 per month (subject to annual review).
Guideline Minimum Income: Dual - £71,900 Single - £81,800 (based on minimum share and 10% deposit).
Council Tax: Band E, London Borough of Wandsworth (£1058.51 for 2022/23). 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

Reception
22' 1" x 13' 0" (6.73m x 3.96m)

Kitchen
included in reception measurement

Full Width Balcony

Bedroom 1
13' 1" x 12' 0" (3.99m x 3.66m)

Bedroom 2
12' 1" x 8' 1" (3.68m x 2.46m)

Bathroom

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