2 bedroom apartment for sale
Bailey Court, 48 Blake Avenue, IG11 9SG
Share percentage 40%, full price £380,000, £15,200 Min Deposit.
Share percentage 40%, full price £380,000, £15,200 Min Deposit
Monthly Cost: £1,563
Rent £607,
Service charge £189,
Mortgage £767*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
- Must pass affordability assessment with Estuary Housing Associations chosen financial adviser
- Must complete Estuary Housing Associations shared ownership application form https://apply.estuary.co.uk
- Must have an annual household income less than £90,000
Summary
A modern and spacious ground floor two double bedroom apartment, situated in a quiet residential area of Barking.
Description
Available through the resale shared ownership scheme (minimum 40% share), is a modern and spacious ground floor two double bedroom apartment, situated in a quiet residential area of Barking.
The property comprises; a secure communal entrance with video entry system, a private hallway with a storage cupboards, modern open plan living/dining/kitchen room with access to a private patio terrace area, the kitchen has integrated appliances, two double bedrooms, family bathroom with shower over bath and an allocated parking space in a secure gated car park.
The property is situated in a quiet residential area of Barking. With convenient transport links into Barking Town Centre where a variety of shops and restaurants are to offer. Barking Train station offers direct services on the C2C line to West Ham, Fenchurch Street and Southend Central. There are also services available on the District Line, Hammersmith & City Line and London Overground lines.
Key Features
- Video Entry System
- Allocated Parking Space
- Private Patio Area
- Ample Storage Space
- Two Double Bedrooms
- Integrated Kitchen Appliances
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
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 - Patio
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 £380,000, £15,200 Min Deposit. Calculated using a representative rate of 4.59%
