1 bedroom apartment for sale
Halyards Court, RM1 3GL
Share percentage 60%, full price £225,000, £13,500 Min Deposit.
Share percentage 60%, full price £225,000, £13,500 Min Deposit
Monthly Cost: £1,264
Rent £309,
Service charge £273,
Mortgage £682*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Allocated parking, good storage, private balcony.
Description
SHARED OWNERSHIP
Full market value - £225,000
You pay (60%) - £135,000
Monthly rent - £318.74
Service charge - £228.92
125 lease commenced January 2006 - 107 years remaining
EWS1 Certification is available for this property.
The development was built in 2006 and sits within easy access to Romford Town Centre, which has a range of amenities and a station, which links into London Liverpool Street. Elm Park underground station is 2.0 miles away with access to the District line. For road users, the A12 is 2.2 miles away with links to the M25 and M11 and links to the Blackwall tunnel, Chelmsford and Colchester.
For shopping, you have a choice of either Ilford or Romford Town Centre, or located a little further afield is Lakeside Retail Park providing a wealth of shops, bars, restaurants, cinemas and much more.
Get back to nature in some of the Borough's 1200 acres of forest and 600 acres of parks and green spaces.
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 £46,502. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants 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 the property for 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 at February 2025.
Key Features
- Open plan kitchen/ living area with doors to a private balcony
- Kitchen fitted with light sand colour wall and base units with black worktops.
- Bedroom fitted with a single wardrobe and access to a private balcony
- Bathroom fitted with white suit, shower over bath and a glass shower screen
- 2 large storage cupboard in the hallway
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 60%, full price £225,000, £13,500 Min Deposit. Calculated using a representative rate of 4.59%
