1 bedroom apartment for sale
1 beds, Ripple Road, IG11 7EA
Share percentage 25%, full price £291,000, £7,275 Min Deposit.
Share percentage 25%, full price £291,000, £7,275 Min Deposit.
Monthly Cost: £1,019
Rent £500,
Service charge £144,
Mortgage £375*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
- Priority will go to those who currently live and/or work in the London Borough of Barking and Dagenham.
Summary
Coming soon to Barking town centre - 1 bedroom apartments
Description
Coming soon to Barking town centre - brand-new 1, 2 & 3-bedroom apartments available to buy through Shared Ownership. This exciting new development is perfectly placed for enjoying the best of Barking. The Broadway Theatre, Abbey Leisure centre, local parks, supermarkets, shops and restaurants, as well as schools are all within easy reach.
Please note Oysterman Place is a car-free development. There is no parking available to any apartments and parking permits cannot be obtained from the council.
Property Information:
Council tax is due from the day of legal completion even though the banding may not yet be confirmed, please bear this in mind and make the necessary arrangements. When the property banding is confirmed, it will be listed on the Government website which you can find by searching 'Check council tax band' or by emailing to the email address on that webpage.
Estimated Annual Service Charge: £1,728
Key Features
- Private balcony/terrace to all apartments
- All apartments benefit from under floor heating
- Landscaped courtyard gardens
- Excellent transport links
- Contemporary fitted kitchens with integrated fridge freezer and white goods
- Fitted wardrobes to all bedrooms
- Secure cycle storage
- Lease length: 250 years
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Energy CertificateMap
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 £291,000, £7,275 Min Deposit. Calculated using a representative rate of 4.80%
Red Loft
