Full Market Value
£350,000
Share Value(40%)
£140,000
Monthly Rent
£401
Service Charge
£25
Minimum Income
£34,829
Shared ownership
Full Market Value £350,000
Your pay (40% share) £140,000
Monthly rent £401.09
Monthly service charge £25.00
99 year lease commenced in 2008 - 86 years remaining
This desirably located property is situated in an established area approximately 1.0 mile from Rainham Station. Nearby you can also find an array of shops, restaurants and pubs.
Ingrebourne Hill Park has both extensive walks and a mountain bike track
Conveniently located for Newtons Primary School, Whybridge Primary School, Brittons Academy and Rainham c2c station providing easy access into London Fenchurch Street.
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 £34,829. 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.