1 bedroom apartment for sale

Available

Halyards Court, RM1 3GL

£141,000 · Shared Ownership Resale

Share percentage 60%, full price £235,000, £14,100 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£141,000 Shared Ownership Resale

Share percentage 60%, full price £235,000, £14,100 Min Deposit.

Monthly Cost: £1,297
Rent £309, Service charge £273, Mortgage £715*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

One bedroom second floor apartment

Description

SHARED OWNERSHIP

Full market value - £235,000

You pay (60%) - £141,000

Monthly rent - £308.86

Service charge - £272.64

125 lease commenced January 2006 - 107years remaining

EWS1 Certification is available for this property.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

The development was built in 2006and 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 havea 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 £48,840. 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 April 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

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 Certificate
Virtual Tour
Map
Romford (0.16 miles) Gidea Park (0.96 miles) Emerson Park (1.57 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.

£141,000
Shared Ownership Resale
Estimated Monthly Cost:£1,297
Rent £309
Service Charge £273
Mortgage £715

Share percentage 60%, full price £235,000, £14,100 Min Deposit. Calculated using a representative rate of 4.64%


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.