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2 bed Flat For Sale £72,500
Academy Way, Becontree, Dagenham RM8


Description
Full Market Value
£290,000

Share Value(25%)
£72,500

Monthly Rent
£501

Service Charge
£203

Minimum Income
£37,095

Shared ownership

Full Market Value - £290,000

Your Pay (25% share) - £72,500

Monthly Rent - £501.16

Monthly Service Charge - £203.00

Ground Rent: £250 per annum

125 year lease commenced on 01/01/2010 - 114 years remaining

EWS1 certification status for this property is the responsibility of a third party and is currently unknown. More information on EWS1 certificates can be found on the lq Group website by searching “EWS1”

This block is superbly placed for shopping, leisure and travel. Locally Vicarage Field, in the heart of Barking town centre, offers well over fifty shops in a modern setting with high street names and local independent stores.

In addition to an Asda superstore in Barking, nearby Ilford offers a Sainsburys, plus the popular Exchange Mall, with its impressive food hall and more than a hundred shops, from M&S to Debenhams. Ilford is also where you will find two national health and fitness club chains.

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 £37,095 . 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. If you are not registered please visit our website 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 at May 2021.

Follow the link for more information:
        
zoopla.co.uk

  
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