2 bedroom apartment for sale

Available

Taplow House, Ferry Lane, RM13 7FY

£177,000 · Shared Ownership Resale

Share percentage 60%, full price £295,000, £17,700 Min Deposit.

Available
2 bedrooms
1 Bathroom
£177,000 Shared Ownership Resale

Share percentage 60%, full price £295,000, £17,700 Min Deposit.

Monthly Cost: £1,210
Rent £223, Service charge £89, Mortgage £898*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Two Bedroom Second Floor Apartment with Balcony

Description

We are delighted to offer to the market this two bedroom apartment with balcony, conveniently located on Ferry Lane, adjacent to Rainham Station. ** See below for Shared Ownership options.


The property is very well presented throughout and benefits from a modern colour scheme, the lounge is open plan with the kitchen and has wood framed floor to ceiling double glazed windows and door leading to the paved balcony, and an additional double glazed window to the side that creates a very bright space, the kitchen is fully fitted with a range of wall and base units, the lounge is spacious.


Both bedrooms boast double glazed windows and radiators, the master also benefits from built in wardrobes, the entrance hallway has two built-in double cupboards, one housing the boiler and both with ample storage. The bathroom is fully fitted with a white suite, there is a shower over the bath and a bespoke vanity unity housing the wash hand basin and WC.
Ferry Lane is excellently located for transport and local shops, Rainham Overground station links directly to Fenchurch Street so this property is perfect for the City commuter.


**SHARED OWNERSHIP OPTIONS:
Advertised price is for 60% of the property, 100% and other options available (rent to be paid on balance below 100%) ask in office for further details.

Key Features

* Station Location

* Modern Apartment

* Two Bedrooms

* Private Balcony

* Fully Fitted Kitchen

* Close to Shops and Schools

Particulars

Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C

Map
Rainham (0.39 miles) Elm Park (1.99 miles) Dagenham East (2.16 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.

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  • 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.

£177,000
Shared Ownership Resale
Estimated Monthly Cost:£1,210
Rent £223
Service Charge £89
Mortgage £898

Share percentage 60%, full price £295,000, £17,700 Min Deposit. Calculated using a representative rate of 4.64%


Porter Glenny New Homes
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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.