£94,500

SHARED OWNERSHIP

Full Market Value: £210,000

Share Value (45%): £94,500

Monthly Rent: £344.76

Service Charge: £228.80

Heat & Water Charges: £117.77

Ground Rent: £250 per annum

Council Tax Band: C

99 year lease commenced May 2016 - 90 years remaining

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

All rooms lead off a central hallway in this apartment including a walk-in store. There is a separate kitchen fitted with a range of white units with black worktops with an integrated oven and hob and spaces for a fridge freezer and washing machine. The square lounge behind the kitchen, currently used as a bedroom opens onto a larger than average private balcony. A double bedroom complete with fitted wardrobe and a family bathroom complete the accommodation.

Chadwell Heath overground station, provides services to Liverpool Street in 30 minutes every 10 minutes, and it will also operates on the Elizabeth Line, connecting the area with Central London and to Reading and Heathrow Airport.

The High Road has an array of shops and services from hair salons to dry cleaners and a post office. There are also major supermarkets, restaurants, pubs and cafés. Head to Romford for bigger chains and, of course, Westfield Stratford is only 30 minutes away on the train.

Looking for some exercise? Explore St Chad's Park with its gardens and wildlife conservation area or Hainault Forest Country Park with its 300 acres of countryside. Alternatively, don your lycra and head to the Redbridge Cycling Centre.

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 £39,886. 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 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 2025.

*The £500 Amazon voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st October 2025, and then completes on the sale before 31st January 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.