1 bedroom apartment for sale
Fletcher House, 422 Wood Lane, RM10 7FP
Share percentage 25%, full price £230,000, £5,750 Min Deposit.
Share percentage 25%, full price £230,000, £5,750 Min Deposit
Monthly Cost: £913
Rent £486,
Service charge £142,
Mortgage £285*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
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.
- You must pass affordability assessment with B&D Reside & B&D Homes chosen financial adviser
Summary
We are pleased to present this stunning one bedroom apartment, its Ideal for first-time buyers.
Description
Available through the resale shared ownership scheme (minimum 25% share), is a modern and spacious second floor one double bedroom apartment, situated in a quiet residential area of Dagenham.
This well-presented one-bedroom flat on the 2nd floor with a balcony opposing the main road combines comfort, convenience, and modern living. Bright, stylish, all local amenities within a two-minute walking radius, including transportation links.
The property comprises; a secure communal entrance with a secure entry system, a private hallway with a storage cupboard, modern open plan living/dining/kitchen room with access to a private balcony area, the kitchen has integrated appliances, one double bedroom, family bathroom with shower over bath.
The property is situated in a quiet residential area of Dagenham. With convenient transport links into Romford Town centre where a variety of shops and restaurants are to offer. Positioned perfectly for local amenities, plus just over a mile to Chadwell heath train station and direct links to West London via Elizabeth Line There are also services available on the District Line, Hammersmith & City Line and London Overground lines.
Key Features
• Spacious double bedroom
• Electric cooker
• Communal Garden
• Open plan living and dining area
• Fully fitted kitchen with integrated appliances, including a built-in dishwasher
• Stylish modern bathroom
• Small storage room located in the hallway
• Small laundry/storage room
• An additional separate storage room
• Neutral décor throughout
• Double glazing and efficient heating
• Secure entry system
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: B
Property Downloads
Floor PlanMap
Material Information
Total rooms: 3
Furnished: Part-furnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2019
Unit size: 50sqm
Communal lift: Yes
Accessible measures: Yes
Flooded within the last 5 years: No
Listed property: No
Heating: Enquire with provider
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
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 25%, full price £230,000, £5,750 Min Deposit. Calculated using a representative rate of 4.42%
