2 bedroom apartment for sale
Catkin House, RM3 0FR
Share percentage 75%, full price £335,000, £25,125 Min Deposit.
Share percentage 75%, full price £335,000, £25,125 Min Deposit.
Monthly Cost: £1,675
Rent £186,
Service charge £214,
Mortgage £1,275*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Two bedroom first floor apartment with allocated parking, chain free
Description
SHARED OWNERSHIP CHAIN FREE
Full market value - £335,000
You pay (75%) £251,250
Monthly rent: £185.93
Monthly service charge £214.10
Annual ground rent: N/A
Council Tax Band: C
99 year lease commenced in March 2014 (89 years remaining)
EWS1 certification is available for this property - B1 rating.
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 walking distance of Harold Wood mainline station with journey times of approximately 35 minutes to London Liverpool Street via the Elizabeth Line. The nearest tube stations are at Hornchurch Underground Station which is just 3.6 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, convenience stores, bakery and a restaurant all right on your doorstep.
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 £62,283. 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 a property in one of our schemes. In order to register, please visit our website www.lqhomes.com to register and 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 of February 2024.
Key Features
- Open plan living area and kitchen with access to private balcony
- Kitchen fitted with white wall and base units with granite effect worktops/upstands. Integrated oven, induction hob, extractor fan and fridge freezer
- Bright and airy main double bedroom with fitted wardrobe
- Bathroom fitted with a white suite, shower over bath and glass shower screen
- Gas central heating system (untested)
- Three storage cupboards in entrance hall
- Allocated parking bay
- Entry phone system (not tested)
- Communal garden
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual 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 75%, full price £335,000, £25,125 Min Deposit. Calculated using a representative rate of 4.64%
