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2 bed Flat For Sale £134,000
Catkin House, 2 Firwood Lane, Havering, Romford RM3


Description
Full Market Value
£335,000

Share Value(40%)
£134,000

Monthly Rent
£381

Service Charge
£187

Minimum Income
£39,918

Shared ownership

Full market value £335,000

You pay (40%) £134,000

Monthly rent : £381.20

Monthly service charge £186.63

Annual ground rent N/A

99 year lease commenced in March 2014 - 90 years remaining

Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the lq Group website by searching “EWS1”

We are following the RICS guidance with requirement for EWS1 forms, however we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

This apartment is situated on the popular Kings Park development in Harold Wood, surrounded by a wealth of countryside, woodland and parks and so with green open spaces covering more than half of the borough, there are plenty of places to relax and recharge.

Kings Park is situated within an immediate walking distance of Harold Wood mainline station (approx. 33 minutes to London Liverpool Street) with a Crossrail service due in the future. The nearest tube stations are at Hornchurch Underground station which is just 3 miles away and Elm Park Underground station 4 miles away, both of which are on the District Line.

Harold Wood enjoys an abundance of local amenities within walking distance, including a Post Office, supermarket, travel agent, several hairdressers, a bakery and a restaurant all right on your doorstep. For your weekly shop a Tesco Extra store is located at Gallows Corner, just over a mile away.

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 £39,918. 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.

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 2022.

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

  
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