1 bedroom apartment for sale
Plot K3.0154, 90 New Road, RM13 8DT
Share percentage 25%, full price £255,000, £3,188 Min Deposit.
Share percentage 25%, full price £255,000, £3,188 Min Deposit.
Monthly Cost: £929
Rent £438, Service charge £163, Mortgage £328*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
1 bedroom apartment available in Beam Park for £63,750, don't miss out! What's more, you can reserve this property with ONLY a £3,188 deposit through Shared Ownership!
Commodore House - Plot K3.0154
1 bedroom 5th floor apartment offering 54.8 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our show home.
£63.750 for a 25% share of £255,000 and a deposit as low as £3,188 and a minimum income of £37,069.
Full Market Value: £255,000
Shared Value (25%): £63,750
Minimum deposit: £3,188
Required income: £37,069
Rent PCM: £438
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%
L&Q at Beam Park
Beam Park is a purpose-built, fully modern community that is being shaped near the banks of the Thames, where Rainham and Dagenham meet. Offering the perfect opportunity to get your feet on the property ladder, these 1 and 2 bedroom homes are ideal for professionals, couples and families alike.
Each new home has been fitted out with stylish integrated appliances, modern bathrooms, soothing lighting and fitted carpets. With attractive bright spaces throughout, you'll have all you need for convenient, contemporary living.
A place to grow
Planners have put their heart and soul into making Beam Park an outstanding place to live. When complete, it will be a vibrant community of 3,000 homes - and it will have the modern amenities and infrastructure to match.
Beam Park will be home to a bustling colonnade of shops, supermarkets and a community cafe. There will also be electric charging points throughout the development, to boost your sustainability.
Your new home also benefits from an excellent range of existing amenities. You'll be near some beautiful green spaces, including RSPB Rainham Marshes nature reserve and - in the near future - the new, 2.5-hectare Beam Park. There'll also be a cycle path and fitness trail and you'll be living moments away from the Beam Valley Country Park, where the Beam River joins the Thames.
A place for shopping and a city to explore
From Westfield Stratford, to West End fashions and designer labels, through to quirky boutiques and iconic shopping hubs, there's so much to see and explore. Closer to home, Lakeside Shopping Centre is only a short distance away. Covering 200 acres, it's home to over 250 shops, 50 cafés and restaurants and a seven-screen Vue cinema. From food to fashion, technology to jewellery, you'll find it all.
There are also plenty of shops near to L&Q at Beam Park. In addition to the forthcoming retail area at Station Square, you'll find plenty of excellent supermarkets and local shopping centres for your everyday needs - from major Asda and Tesco stores to the East Thames Plaza and Heathway shopping centres in Dagenham.
A bright future
L&Q at Beam Park promises a bright future for families and their children. The development will soon boast two new, purpose-built primary schools with excellent facilities. These will add to over a dozen nurseries, primary and secondary schools in the area that are rated 'Good' or 'Outstanding' by Ofsted.
L&Q at Beam Park Connections
Whether you want to head to the city, explore your new area by bike or fly abroad, your new home is well connected. Dagenham Dock rail station, is just over a mile away and Dagenham Heathway is 2 miles away, both stations are serviced by several buses.
L&Q at Beam Park is also well served by bus, with 31 stops within a kilometre of your new home. Road connections are also good - the A13 is nearby and can take you to the M25 in eight minutes. New cycle paths will please those who like to travel by bike and - when you want to travel to sunnier climes - London City Airport is under eight miles away.
Please see the attached brochures and pricelist for our availability and specification details
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.
- Homes ready to move into
- Shared Ownership apartments selling now
- Fantastic onsite amenities including proposed medical centre, shops, gym and multi faith centre coming soon
- Proposed new schools and recreational space
- Benefit from 17 acres of open green spaces within the development. Beam Valley Nature Reserve is also on your doorstep
- Private outdoor space to every home
- Two large shopping destinations, Westfield Stratford City and Lakeside less than 30 mins drive away
Council Tax Band: Not specified
Property DownloadsFloor Plan Brochure Brochure
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 £255,000, £3,188 Min Deposit. Calculated using a representative rate of 4.24%