Absolutely no problem and ensure your title bar corresponds with your:
h1/h2 tag above image
alt tag for image
h2/h3 tag below image
This will then ensure inclusion in "various" other engines/directories. "On-page" descriptions plus image alt tags are a must and it would be very helpful if the "on-page" were in h1 or h2 tags as shown above.
An h1/h2 above the image and an h2/h3 below the image would be best but only use them ONCE each on that specific page.
It is very important to create the template page to ensure you can easily update extra information at a later date wherever you need to on the page.
The importance of doing this cannot be emphasised enough since it will keep you readily prepared for when your competitors have understood what you have done!
It takes time to create a great template page but once it has been done it will definitely stand the test of time and will save you HOURS/MONEY in the future on modifying/changing/re-creating something that was not done correctly the first time round.
My experience? #1 in a massive "widget" industry whose pages are realistically 99+% the same since only the "widget" name and image changes. All navigation etc is identical.
Google does not have a problem with it since all the criteria laid out above complies with their guidelines.
And I can say this...I just WISH I knew how their algo sorted that similarity out! It works perfectly so I ain't complaining:-)