1 bedroom apartment for sale
Newport House - L.0310, Halewood Way, RM13 8RQ
Share percentage 25%, full price £260,000, £3,250 Min Deposit.
Share percentage 25%, full price £260,000, £3,250 Min Deposit.
Monthly Cost: £994
Rent £464,
Service charge £160,
Mortgage £370*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
LAST REMAINING 1-BED. Just 5% deposit required. Integrated appliances & flooring included plus private balcony. Close to new development amenities including Beam Park health centre.
Description
Receive up to £3,000 towards buying costs on selected plots*
Newport House - Plot L.0310
Last remaining 1 bedroom apartment on this phase. Offering 51 sq.m of internal floor area with private outdoor space.
Contact a member of our sales team now to view our show home and this apartment.
£65,000 for a 25% share of £260,000. Deposit as low as £3,250. Minimum income of £35,902
Full Market Value: £260,000
Shared Value (25%): £65,000
Minimum deposit (5%): £3,250
Required income: £35,902
Rent PCM: £464
Council tax band: TBC
Please note parking is not available with this apartment
A transformational new neigbourhood and vibrant new community for East London. L&Q at Beam Park is an address for the future, offering Shared Ownership homes in Rainham and Dagenham, providing residents with modern amenities and community facilities on their doorstep including primary school, nursery, health centre and multi-faith community centre. Open green spaces and recreational areas will feature throughout the development, plus enjoy being within walking distance of Beam Valley Country Park.
*Offer available on selected plots when reserving between 1 - 31 May 2024. Subject to availability. Incentive terms and conditions apply, for more information visit lqhomes.com/terms-and-conditions/
Key Features
- READY TO MOVE INTO
- Up to £3,000 towards buying costs* T&C's apply
- Just 5% deposit require
- Integrated appliances
- Private balcony
- Good connections by rail, road and bus to London and Essex
- New development amenities including Sainsbury's Local & health centre opening this spring
- Short walk to Beam Valley Country Park.
- New Beam Park Health Centre available
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanVirtual Tour
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £260,000, £3,250 Min Deposit. Calculated using a representative rate of 5.26%
