Thistle Close, IG7 4FG

SHARED OWNERSHIP

Full market value: £380,000

You pay (50%): £190,000

Monthly rent:£550.16

Monthly service charge:£131.12

Ground Rent:£100

COUNCIL TAX BAND: C

125year lease commenced December 2018- 119 years remaining

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Thisbright and airy two bed maisonette consistsof astylishopen-plan living and dining area, flooded with natural light from wide floor-length windows and a door leading to a private balcony. The kitchen is fitted with high gloss wall and base units with wood effect worktops and includes integrated oven, hob and extractor fan. The spacious main double bedroom benefits from built in mirrored wardrobes. A second double bedroom and family bathroom complete the accommodation.

This homeis located within the well-regarded Oaklands Hamlet development which is situated adjacent to Hainault Forest Golf Club.Hainault tube station on the Central line connects to central London, the wider underground network and mainline train stations. Chadwell Heath mainline station, just 3.5 miles away, benefits from Crossrail, providing faster, direct connections to the city and beyond.

Everyday shopping needs are catered for at the Tesco Metro just over a mile from the development. Or the local Waitrose in Buckhurst Hill, Aldi in Ilford and Sainsbury's in Woodford Green are close by. Just 4 miles away in Romford your choice is extended at The Liberty, The Brewery and Romford Shopping Hall that offer a range of High Street favourites, plus bowling and a cinema.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £61,570. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note thatapplicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2024.