Full Market Value
£300,000
Share Value(45%)
£135,000
Monthly Rent
£356
Service Charge
£150
Minimum Income
£37,805
Shared ownership
Full market value £300,000
You pay (45%) £135,000
Rent per month £355.84
Service charge per month £149.88
Ground Rent per annum : Nil
125 year lease commenced January 2015 - 119 years remaining
The Chigwell area is popular for its convenience: It offers tranquillity but is also very well positioned for reaching central London, as well as heading out into the picturesque Essex countryside. The apartment enjoys access to Hainault, Grange Hill and Chigwell Central Line stations. It's close to the A12, M11 and M25 - and bus services.
Harold Wood is just over 16 miles from central London, a journey that will soon take just 41 minutes (into Bond Street), thanks to the new Elizabeth Line, which is due to open shortly.
The apartment is close to Chigwell Woods conservation area and Hainault Forest Country Park, which is a former royal hunting forest and is generally considered to be one of the best examples of medieval woodland still in existence. It covers more than 300 acres and is designated a Site of Special Scientific Interest. It has a fishing lake, zoo, guided walks, bridleways and a recently opened nature trail. There aren't many areas within an hour's travel to the City which offer this incredible outdoor life on your doorstep.
You will require a deposit to secure a mortgage on this home.
To meet the requirements for this property we require as a guideline, a minimum household income of £37,805. If you are offered the property, 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. Please visit our website - - to register and obtain your unique registration 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 April 2021.