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3 bed Flat For Sale £102,500
Plot 18 - Mansion Block, at Barking Riverside SO Barking Riverside IG11


Description

Mansion Block - The Hamilton - Plot 18

3 bedroom 2nd floor apartment offering 94.7 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our show home.
 

£102,500 for a 25% share of £410,000 and a deposit as low as £5,125 and a minimum income of £62,132.


Full Market Value: £410,000

Shared Value (25%): £102,500

Minimum deposit: £5,125

Required income: £62,132

Rent PCM: £705

Council tax band: TBC

 

What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.

Barking Riverside 
A landmark development for London along the banks of the River Thames. Barking Riverside is a joint venture between L&Q and The Mayor of London, and is one of Europe's largest brownfield developments, covering an impressive 443 acres, alongside 2km of beautiful south-facing River Thames frontage. The master plan will deliver 10,800 new homes, the brand-new Barking Riverside Overground station, as well as commercial, retail and leisure facilities. This pioneering project will incorporate Envac, one of Europe's largest automated waste disposal systems. New schools, parks and river walkways will all become home to an estimated 30,000 people at this former 1920s power station site. Iris Quarter has a collection of Shared Ownership homes available at this award-winning development. Offering a variety of layouts and styles, each home will bring together a perfect blend of comfort, architecture and design.

A place to connect 
Barking Riverside lies beside 2km of beautiful South-facing River Thames frontage, covering 443 acres which will eventually include 10,800 new homes of mixed size and style. There is also provision for 65,000 square metres of commercial floor space for shopping, restaurants, cafés, community and leisure facilities. The Wilds Ecology Centre and new Coop Express Market are now open.

London's only district to adopt the NHS Healthy New Town initiative, Barking Riverside is set to incorporate a wide range of health measures, such as an on-site GP surgery, designed to help the residents to live longer, healthier, happier lives. A key element of the initiative is the network of cycle routes, located along the river and through every stage of the development.

Barking Riverside Connections
Reach central London in 22 minutes via newly opened Barking Riverside Overground station*

Uber Boat by Thames Clippers now running from new Barking Riverside Pier to central London

Please see the attached brochures and pricelist for our availability and specification details

Viewings
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour.

*tfl.gov.uk
*Terms and conditions apply

 


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onthemarket.com

  
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