1 bedroom apartment for sale

Available

Wild Rose House, RM3 0FQ

£105,000 · Shared Ownership Resale

Share percentage 35%, full price £300,000, £10,500 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£105,000 Shared Ownership Resale

Share percentage 35%, full price £300,000, £10,500 Min Deposit.

Monthly Cost: £1,075
Rent £380, Service charge £162, Mortgage £533*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Our Spring Offer: A £1,000 Amazon voucher on completion!* One bedroom, second floor apartment with parking

Description

SHARED OWNERSHIP

Full Market Value: £ 300,000

Share Value (35%): £ 105,000

Monthly Rent: £ 416.18

Service Charge: £ 185.25

Council Tax Band: C

99 year lease commenced March 2014 - 89 years remaining

EWS1 - EWS1 Certification is available for this property.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

Kings Park is surrounded by a wealth of countryside, woodland and parks and with green open spaces covering more than half of the borough, there are plenty of places to relax and recharge. Harold Wood enjoys an abundance of local amenities within walking distance, including a Post Office, supermarket, travel agent, several hairdressers, a bakery and a restaurant all right on your doorstep. For your weekly shop a Tesco Extra store is located at Gallows Corner, just under a mile away.

You can shop until you drop at The Brewery and The Liberty shopping centres, just 3 miles away in the bustling town of Romford. They offer over 100 stores and in addition Romford's historic market. With both secondary and primary schools within the local area, Kings Park's leafy surroundings make up a contemporary community environment.


Kings Park is situated within an immediate walking distance of Harold Wood mainline station (approx. 33 minutes to London Liverpool Street,) with a Crossrail service due in 2022. The nearest tube stations are at Hornchurch Underground station which is just 3 miles away and Elm Park Underground station 4 miles away, both of which are on the District Line.

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 £35,343. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that 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. If you are not registered, please visit our websitelqhomes.com 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 March 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Key Features
  • Open plan lounge, diner and kitchen with a door opening to private balcony
  • Kitchen fitted with white high gloss wall and base units, black granite worktops with integrated appliances
  • One bedroom, with fitted wardrobes
  • Bathroom fitted with white suite, shower over bath and glass shower screen
  • Storage cupboard in hallway
  • Communal gardens
  • Entry phone system
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Virtual Tour
Map
Harold Wood (0.42 miles) Gidea Park (1.03 miles) Emerson Park (1.50 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • 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.

£105,000
Shared Ownership Resale
Estimated Monthly Cost:£1,075
Rent £380
Service Charge £162
Mortgage £533

Share percentage 35%, full price £300,000, £10,500 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.