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£87,500
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
A good-sized, one-bedroom apartment on the fifth floor of this recently-constructed development. The property has a twenty-one-foot reception room with attractive flooring and a glazed door that leads out onto an west-facing balcony. The kitchen is open plan and features sleek, handle-less units and integrated appliances. There is a spacious bedroom and a stylish bathroom. A storage/utility cupboard has been provided in the entrance hallway and well insulated walls, high performance glazing and a communal heating/hot water system make for a very good energy-efficiency rating. Hearn House is located just south of Merrielands Retail Park and only a short walk from Dagenham Dock Station (C2C into Fenchurch Street). Dagenham Heathway Station (District Line) is also within easy reach.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £250,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/thuazdf7]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (990 years from 11/03/2022).
Minimum Share: 35% (£87,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £449.88 per month (subject to annual review).
Service Charge: £77.68 per month (subject to annual review).
Guideline Minimum Income: Dual - £29,700 | Single - £35,000 (based on minimum share and 10% deposit).
Council Tax: Band B, London Borough of Barking & Dagenham. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner).
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