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£186,000
Modern apartment situated in The Weavers Quarter.
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full market value - £310,000
You pay (60%) - £186,000
Monthly rent - £368.82
Service charge - £252.62
Council tax band - C
130 year lease commenced December 2016 - 122 years remaining
EWS1 Certification is available for this property - A2 rating
This energy efficient apartment has a well proportioned open plan living area, which opens onto private south facing balcony. The modern semi-separate kitchen includes integrated appliances. Two double bedrooms, one currently configured as a home office, and a contemporary family bathroom complete the accommodation, which also has ample storage.
Barking Station, a few minutes walk away, offers excellent overground and underground connections into London, while the c2c line offers fast, reliable services throughout East London and South Essex. There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.
A buyer will need to raise a mortgage to purchase this home.
To meet the requirements for this property we require as a guideline, a minimum household income of £54,696. 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. In order to register, please visit our website www.lqhomes.com to register and 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 February 2026.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.