2 bedroom apartment for sale
Norfolk Court, RM6 4UN
Share percentage 40%, full price £250,000, £10,000 Min Deposit.
Share percentage 40%, full price £250,000, £10,000 Min Deposit
Monthly Cost: £1,101
Rent £398,
Service charge £198,
Mortgage £505*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Within walking distance of local shops, restaurants and other amenities, including Goodmayes main line station.
Description
SHARED OWNERSHIP
Full Market Value: £250,000
Share Value (40%): £100,000
Monthly Rent: £397.70
Service Charge: £198.39
Council Tax Band: C
99 year lease commenced April 2015 - 89 years remaining
EWS1 - Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the LQ Group website by searching "EWS1"
L&Q welcomes you to view this two bedroom, ground floor apartment.
Enter this dual aspect apartment through your own front door. To the left find two double bedrooms. A modern and bright family bathroom is straight ahead, consisting of a white three piece suite with shower over bath. To complete the accommodation is a well proportioned open plan living area incorporating a kitchen, which has an integrated oven, hob and extractor and spaces for white goods.
Situated in a highly sought-after location, this apartment is within walking distance of local shops, restaurants and other amenities. It is also close to King George's Hospital and just a short stroll from Goodmayes main line station. Both Chadwell Heath and Goodmayes Stations are part of the Elizabeth Line, which makes commuting to the city or exploring the surrounding countryside effortless.
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 £41,725. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that 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 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 March 2025.
Key Features
- Own entrance
- Communal Gardens
- Close to local amenities
- Right to use one allocated parking space
- Visitor parking
Particulars
Tenure: Leasehold
Lease Length: 125 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 - Allocated
Outside Space/Garden: Yes - 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 40%, full price £250,000, £10,000 Min Deposit. Calculated using a representative rate of 4.59%
