1 bed Flat For Sale £55,000
Full Market Value
£220,000
Share Value(25%)
£55,000
Monthly Rent
£439
Service Charge
£149
Minimum Income
£30,694
Shared ownership
Full market value – £220,000
You pay (25%) - £55,000
Monthly rent – £438.82
Service charge - £148.80
125 lease commenced January 2006 (108 years remaining)
EWS1 Certification is available for this property.
The development was built in 2006 and sits within easy access to Romford Town Centre, which has a range of amenities and a station, which links into London Liverpool Street. Elm Park underground station is 2.0 miles away with access to the District line. For road users, the A12 is 2.2 miles away with links to the M25 and M11 and links to the Blackwall tunnel, Chelmsford and Colchester.
For shopping, you have a choice of either Ilford or Romford Town Centre, or located a little further afield is Lakeside Retail Park providing a wealth of shops, bars, restaurants, cinemas and much more.
Get back to nature in some of the Borough's 1200 acres of forest and 600 acres of parks and green spaces.
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 £30,694. 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 2022
£220,000
Share Value(25%)
£55,000
Monthly Rent
£439
Service Charge
£149
Minimum Income
£30,694
Shared ownership
Full market value – £220,000
You pay (25%) - £55,000
Monthly rent – £438.82
Service charge - £148.80
125 lease commenced January 2006 (108 years remaining)
EWS1 Certification is available for this property.
The development was built in 2006 and sits within easy access to Romford Town Centre, which has a range of amenities and a station, which links into London Liverpool Street. Elm Park underground station is 2.0 miles away with access to the District line. For road users, the A12 is 2.2 miles away with links to the M25 and M11 and links to the Blackwall tunnel, Chelmsford and Colchester.
For shopping, you have a choice of either Ilford or Romford Town Centre, or located a little further afield is Lakeside Retail Park providing a wealth of shops, bars, restaurants, cinemas and much more.
Get back to nature in some of the Borough's 1200 acres of forest and 600 acres of parks and green spaces.
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 £30,694. 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 2022
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