Share Price £61,875 (from 25% Min. Share)

Full Value £247,500 | £6,188 Min. Deposit

Scheme: Shared Ownership

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Barking Riverside - 1 bed apartment in Barking and Dagenham

place Rhodes Mansions, Northgate Road Barking, IG11 0AB

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1 bedroom apartments available now - move in this spring


Eligibility

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.

Description

L&Q are proud to present a collection of 1 bedroom apartments within the Parklands Phase of Barking Riverside situated alongside the River Thames.

The first selection of the Parklands Phaseis available now through Shared Ownership with L&Q.

A typical 1 bedroom home will comprise a bright and modern open-plan reception with a fully-fitted kitchen and space for dining. The apartments benefit from ample natural light, private outsidespace as well as access to secure communal gardens.

Travel

  • Regular bus servicesto both Dagenham Dock and Barking station
  • Dagenham Dock stationtoLondon Fenchurch Street station in 24 minutes
  • Barking station to London Fenchurch Street station in 15 minutes
  • Barking Riverside Overground station opening 2021 - central London in 22 minutes

Your futureat Barking Riverside

Barking Riverside lies beside 2km of beautiful South-facing River Thames frontage, covering 443 acres which will eventually include 10,800 new homes of mixed size and style. There is also provision for 65,000 square metres of commercial floor space for shopping, restaurants, cafés, community and leisure facilities. The Parklands phase will feature open green spaces as well as an Ecology Centre.

Barking Riverside is set to incorporate a wide range of health measures, such as an on-site GP surgery, designed to help the residents to live longer, healthier, happier lives. A key element of the initiative is the network of cycle routes, located along the river and through every stage of the development.

Barking Riverside station will open in 2021, residents will be able to reach central London in just 22 minutes. Regular bus services currently run to and from Barking town centre’s train and tube lines. Dagenham Dock station is within easy reach offering regular services to London Fenchurch Street in 24 minutes.Residents will also have access to an Enterprise Car Club service.

The Borough of Barking and Dagenham has been named the second fastest area for rising house prices in London. In February 2018 it was reported that there was 4.4% annual increase in property prices*

*UK house Price Index February 2018


Key Features

  • Barking Riverside Overground station opening 2021 -central London in 22 minutes
  • Seven schools on site, four already open with GOOD Ofsted status
  • Home to a network of cycle and walk ways
  • Envac -Europe’s largest automated waste disposal system
  • Enterprise Car Club

Download Documents

Link to the floor plan Property brochure 1 Property price list Energy Certificate
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Calculate Monthly Cost

Share price
£ 61,875
Min. £61,875
Share percentage
Min. 25%
Your deposit
Min. £6,188
Monthly cost*
£873
Cost breakdown
£425
Rent
£172
Service charge
£276
Mortgage*
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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.