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2 bed Flat For Sale £159,500
Benedicts Wharf, Highbridge Road, Barking And Dagenham, Ilford IG11


Description
Full Market Value
£290,000

Share Value(55%)
£159,500

Monthly Rent
£262

Service Charge
£435

Minimum Income
£47,789

Shared ownership

Full market value – £290,000

You pay (55%) - £159,500

Monthly rent – £262.47

Monthly service charge - £434.78 (heating, hot water and cold water are included in service charge)

Annual ground rent - N/A

150 year lease commenced March 2006 - 134 years remaining

EWS1 certification is available for this property (B1 rating)

Situated on Barking Town Quay, Benedicts Wharf offers a waterside oasis in the midst of an urban area and is within 5 miles of City Airport. Barking Station is within 0.5 miles with access to C2C Railway Services and London Overground. Additionally, District, Circle and Hammersmith & City Line trains all run through Barking Station.

Barking Town Centre offers a range of shops and restaurants and Gallions Reach Shopping Park offers a broad selection of shops.

The buyer will require a deposit to obtain a mortgage for this property.

To meet affordability for this property we require as a guideline, a minimum household income of £47,789. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; 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 the property for 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 August 2021.

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

  
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