Share Price £87,750 (from 30% Min. Share)

Full Value £292,500 | £8,775 Min. Deposit

Scheme: Shared Ownership

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Weavers Quarter - 2 bed apartment in Barking and Dagenham

place Weavers Quarter, 7 Mast Street, IG11 7FY

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2 bedroom homes in Barking starting from £87,750* available for shared ownership sale


Eligibility

Shared Ownership homes at Weavers Quarter available to applicants pan London and Essex.. However we will prioritise applicants living/working in the London Borough of Barking and Dagenham.

The Marketing Suite is open Thursday to Monday, 10am - 5pm and Sunday, 10am - 4pm. Viewing by appointment only.

Please register your interest to book a viewing appointment - weaversquarter.co.uk/register


Description

2 bedroom affordable homes - London living without compromising on the quality, a new development within walking distance from Barking station. Weavers Quarter will offer its residents landscaped courtyards and a leafy public square available for Shared Ownership sale.

L&Q’s Weavers Quarter set within central Barking built in partnership with London Borough ofBarking and Dagenham has released its last and final phase. This new development is more than a collection of high-quality homes offered on a Shared Ownership basis it’s a thriving new community!

Your new home
With a name inspired by the Jute mills that once flourished in this area, Weavers Quarter is set to become part of an exciting, vibrant neighbourhood. The London Borough of Barking & Dagenham has been transforming the area, the masterplan will bring two new schools, in addition to this, a multi-million-pound regeneration scheme is underway in Barking town centre, with independent cafes, bars and shops popping up moments from Weavers Quarter. The contemporary, high-quality homes are sleek, modern and aspirational. There’s certainly plenty of choice, plus numerous property layouts. All are designed with singles, couples and young families in mind.

The area
Barking’s great for shopping, with the 65 stores at Vicarage Field Shopping Centre, a traditional East London market held four times a week which reflects the town’s multicultural society, a large Sunday market in River Road and a special Christmas market.

Eat-drink-shop-live well
For a day out and a touch of retail therapy, head to Westfield at Stratford City, one of Europe’s largest shopping centre, only 15 minutes by public transport. If you enjoy working out, there’s a great selection of leisure centres and gyms within a couple of miles – the nearest is the Abbey Sports Centre with a gym, two pools, a spa, café, aerobic classes and a children’s play centre. Plenty of good pubs and restaurants can be found nearby.

Connectivity
Barking underground station is less than 1/2 a mile away from where you can reach London Fenchurch Street in under 15 minutes and Liverpool Street in just 22 minutes. You can also access District and Hammersmith & City lines. The A13 and North Circular road are on hand providing links with Canary Wharf, London City Airport. There is excellent bus route network connecting all areas of London.

We look forward to meeting you!

Weavers Quarter Sales Team

L&Q


Key Features

  • Move in ready
  • Private outdoor space
  • Private communal courtyards
  • Walking distance to nearest station

Download Documents

Link to the floor plan Property price list

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 87,750
Min. £87,750
Share percentage
Min. 30%
Your deposit
Min. £8,775
Monthly cost*
£980
Cost breakdown
£469
Rent
£120
Service charge
£391
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.