2 bedroom apartment for sale
1 Goodwin Way, Romford, RM3 7FE
Share percentage 30%, full price £300,000, £9,000 Min Deposit.
Share percentage 30%, full price £300,000, £9,000 Min Deposit
Monthly Cost: £1,185
Rent £510,
Service charge £228,
Mortgage £447*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You will need to be earning a guidance income of £35,379. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9000. Total approximate savings required £13000.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two bedroom first floor apartment in Romford available through shared ownership. A 30% share for £90,000 Full value for £300,000.
Description
A two bedroom / two bathroom modern apartment. The property benefits
from communal gardens and a balcony.
2 Allocated parking spaces
Viewing date: Saturday 20th September 2025
Key Features
Accommodation:
Entrance Hall
Lounge
Kitchen
Bedroom 1
En suite
Bedroom 2
Bathroom W/C
Gross Internal Floor Area: Approx. 56 sq m
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
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 - 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 £300,000, £9,000 Min Deposit. Calculated using a representative rate of 4.42%
