2 bedroom house for sale
Martin Road, Dagenham, Dagenham, RM8 2XB
Share percentage 65%, full price £360,000, £23,400 Min Deposit.
Share percentage 65%, full price £360,000, £23,400 Min Deposit
Monthly Cost: £1,338
Rent £173,
Service charge £4,
Mortgage £1,161*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Semi detached home with south facing garden close to local amenitiesMake this home your own, enjoy a £500 B&Q Voucher on completion*
Description
SHARED OWNERSHIP
Full market value: £360,000
You pay (65%) : £234,000
Monthly Rent: £173.20
Monthly Service Charge: £54.47
Annual Ground Rent: £100
Council Tax Band : C
125 year lease commenced April 2014 - 113 years remaining
Make this home your own, enjoy a £500 B&Q Voucher on completion*
Enter this semi detached homneinto a hallway with stairs to the upper floor. To your left find a large kitchen fitted with a range og wall and base units. At the end of the hallway is a generous dual aspect reception room with doors opening onto a south facing garden laid to patio and lawn and including a shed and mature trees. On the first floor find two good sized double bedrooms,each with built in storage, and a family bathroom.
This home is situated just off Porters Avenue and within easy reach of Dagenham Heathway and Chadwell Heath stations. iIt is also an easy distance to Becontree Tube Station and to all local bus routes. The property is also close to all local amenities and set in the catchment area of some best schools in the area. If recreation is important to your move, this property a short walk from Parsoles Park.
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 £53,426. If you are offered the home, 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 www.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 June 2025.
*The £500 B&Q 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 August 2025 and then completes on the sale before 31st December 2025. 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.
Key Features
- Good location
- Double glazed
- Central heating
- Driveway parking
- Side access
- South facing garden
Particulars
Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: C
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Garage
Outside Space/Garden: Yes - Back Garden
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 65%, full price £360,000, £23,400 Min Deposit. Calculated using a representative rate of 4.42%