2 bed Flat For Sale £120,000
Full Market Value
£300,000
Share Value(40%)
£120,000
Monthly Rent
£445
Service Charge
£136
Minimum Income
£38,652
Shared ownership
Full market value – £300,000
You pay (40%) - £120,000
Monthly rent – £445.46
Service charge - £136.11
Ground rent payable - £175.00
130 year lease commenced in January 2017 (126 years remaining)
EWS1 certification is available for this property
This apartment is situated in the Weavers Quarter development. Offering an abundance of local amenities on your doorstep and conveniently well connected, Barking station is within walking distance of the development, which provides several services into London via the Underground, Overground, and C2C rail links, connecting you to the City of London in 15 minutes.
Please note Weavers Quarter is a car-free development, so no parking is available.
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 £38,652. 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. In order to register, please visit our website to register and 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 of July 2021
£300,000
Share Value(40%)
£120,000
Monthly Rent
£445
Service Charge
£136
Minimum Income
£38,652
Shared ownership
Full market value – £300,000
You pay (40%) - £120,000
Monthly rent – £445.46
Service charge - £136.11
Ground rent payable - £175.00
130 year lease commenced in January 2017 (126 years remaining)
EWS1 certification is available for this property
This apartment is situated in the Weavers Quarter development. Offering an abundance of local amenities on your doorstep and conveniently well connected, Barking station is within walking distance of the development, which provides several services into London via the Underground, Overground, and C2C rail links, connecting you to the City of London in 15 minutes.
Please note Weavers Quarter is a car-free development, so no parking is available.
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 £38,652. 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. In order to register, please visit our website to register and 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 of July 2021
