2 bedroom apartment for sale

Available

Plot 73 - Chambers Apartments, Northgate Road, IG11 0AB

£88,750 · Shared Ownership New Build

Share percentage 25%, full price £355,000, £4,438 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£88,750 Shared Ownership New Build

Share percentage 25%, full price £355,000, £4,438 Min Deposit.

Monthly Cost: £1,425
Rent £610, Service charge £309, Mortgage £506*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Summary

2 bedroom apartment with terrace. Benefit from fantastic amenities including an ‘Outstanding’ rated Riverside Campus School within the development. Exclusive incentive: Uber Boat Season Ticket!

Description

Put a spring in your step and a foot on the property ladder.

Reserve your new Shared Ownership home between 1 - 30 April with only a £99* reservation fee and receive an Uber Clipper voucher * when you quote 'London Home Show'* to our sales team.

Prices from £67,500** for a 25% share.

Make your move with L&Q

Chambers Apartments - Plot 73

2 bedroom 2nd floor apartment offering 74 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our new show home.

£88,750 for a 25% share of £355,000 and a deposit as low as £4,438 and a minimum income of £51,524.

Full Market Value: £355,000

Shared Value (25%): £88,750

Minimum deposit: £4,438

Required income: £51,524

Rent PCM: £610

Council tax band: TBC

What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it
possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.

Barking Riverside SO
A landmark development for London along the banks of the River Thames. Barking Riverside is a joint venture between L&Q and The Mayor of London, and is one of Europe's largest brownfield developments, covering an impressive 443 acres, alongside 2km of beautiful south-facing River Thames frontage.

Fielders Quarter at Barking Riverside offers a collection of Shared Ownership homes with modern interiors. Residents can stay active and healthy with the convenience of an on-site gym, ensuring fitness is easily incorporated into daily routines. The presence of a dedicated concierge service adds a touch of luxury, providing assistance and enhancing the overall living experience. Additionally, the inclusion of a collaborative working space within the block speaks to the development's commitment to fostering a dynamic community.

Barking Riverside embodies a contemporary lifestyle, making it an ideal choice for those seeking a modern and well-rounded living experience. With theRiverside Campus School recently awarded "Outstanding" rating also within the development, the neighbourhood is the perfect family-friendly environment for your new home.

Contact a member of our sales team today to find out more or book a viewing!

*Offer is subject to an affordability assessment. Incentive terms and conditions apply. For full terms and conditions, visit lqhomes.com/terms-and-conditions/. L&Q Shared Ownership terms and conditions apply. Please visit lqhomes.com/shared-ownership for more info. **Prices correct at time of print. £67,500 for a 25% share at Barking Riverside. Full market value of £270,000. Images for illustrative purposes only. April 2024.

Key Features
  • Private terrace
  • En suite to bedroom 1
  • Residents gym
  • Co-working space
  • On-site concierge
  • Reach City of London in just 22 minutes via the new Barking Riverside Overground station, now open
  • Uber Boat by Thames Clippers is now running services to central London from new Barking Riverside Pier
  • Riverside Campus School recently awarded “Outstanding” rating
  • New CO-OP open now
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Barking Riverside (0.48 miles) Dagenham Dock (0.88 miles) Becontree (1.04 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.

£88,750
Shared Ownership New Build
Estimated Monthly Cost:£1,425
Rent £610
Service Charge £309
Mortgage £506

Share percentage 25%, full price £355,000, £4,438 Min Deposit. Calculated using a representative rate of 5.26%


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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.