2 bedroom apartment for sale
Peacock Court, RM3 0FT
Share percentage 30%, full price £330,000, £9,900 Min Deposit.
Share percentage 30%, full price £330,000, £9,900 Min Deposit
Monthly Cost: £1,220
Rent £543,
Service charge £177,
Mortgage £500*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Purpose built apartment in Harold Wood
Description
SHARED OWNERSHIP
Full market value - £330,000
You pay (30%) - £99,000
Monthly Rent - £543.45
Monthly Service Charge - £177.39
Annual Ground Rent - N/A
99 year lease commenced in March 2014 (87 years remaining)
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
Enter this apartment via a spacious hallway, lined on one side with storage cupboards. A large, dual aspect, open-plan living area opens onto a private balcony, which overlooks well-kept communal gardens, and in addition, there are two double bedrooms, one with fitted wardrobe and a contemporary family bathroom. This property benefits from a parking space.
This apartment is situated on the popular Kings Park development in Harold Wood, surrounded by a wealth of countryside, woodland and parks and so with green open spaces covering more than half of the borough, there are plenty of places to relax and recharge.
Kings Park is situated within walking distance of Harold Wood mainline station with journey times of approximately 35 minutes to London Liverpool Street via the Elizabeth Line. The nearest tube stations are at Hornchurch Underground Station which is just 3.6 miles away and Elm Park Underground Station 4 miles away, both of which are on the District Line.
Harold Wood enjoys an abundance of local amenities within walking distance, including a Post Office, convenience stores, bakery and a restaurant all right on your doorstep.
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 £41,219. If you are offered the property, 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 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 April 2025.
Key Features
- Private balcony
- Communal gardens
- Permit parking
- Ample storage
Particulars
Tenure: Leasehold
Lease Length: 89 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 30%, full price £330,000, £9,900 Min Deposit. Calculated using a representative rate of 4.59%
