1 bedroom apartment for sale
Fletcher House, 422 Wood Lane, RM10 7FP
Share percentage 25%, full price £235,000, £5,875 Min Deposit.
Share percentage 25%, full price £235,000, £5,875 Min Deposit.
Monthly Cost: £938
Rent £499,
Service charge £141,
Mortgage £298*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- You have an income less than £ 90,000
Summary
A 1-bed shared ownership property available in Dagenham, Essex
Description
The property is a one-bedroom purpose built flat situated on the 5th floor of a 6-storey building.
Open plan lounge kitchen that also has access to the balcony for those sunny days to relax. Bright and spacious modern one bedroom flat conveniently located, shopping, leisure centre and transport facilities. Chadwell Heath and Dagenham East just over mile away, within city in 30 minutes. Lively modern bathroom and built in storage cupboards to fit your needs,modern kitchen diner with built in appliances andpermit for parking.A security entrance leads to a spacious communal lobby and lifts to the flat. Exiting the lifts on the 5th floor a further security door provides access to the flat and just one other offering additional piece of mind / privacy and security.Becontree Leisure centre walking distance and bus routes on your doorstep.
Available for £58,750.00 for 25% share based on the marketing value of £235,000.00.
Please note figures given for monthly rent payment and service charges are correct at the time of marketing. There is an annual increase that takes place.
Please contact us for more information.
Key Features
- Fifth floor apartment
- Private Balcony
- Fletcher House forms part of the Becontree Heath development which comprise a Pharmacy and TFL Bus Terminus.
- Close to local amenities including Medical Centre, Becontree Health Leisure Centre, Morrisons
- Close to local schools
- Near Central Park
- Lift access
- Available for 25% share
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: Not specified
Map
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 £235,000, £5,875 Min Deposit. Calculated using a representative rate of 4.64%
