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£157,500
One bedroom flat in great location with private balcony.
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.
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
Shared Ownership
Full Market Value: £225,000
Share Value (70%): £157,500
Monthly Rent: £197.65
Service Charge: £89.96
Annual Ground Rent n/a
Council Tax Band: B
125 year lease commenced March 2005 - 104 years remaining
EWS1 - Guidance from the Royal Institute of Chartered Surveyors (RICS) along with government guidance, means that an EWS1 form should not be required for this property. However, we cannot guarantee that Mortgage lenders, brokers and valuers are utilising the same criteria and a lender may request an EWS1 for this property. Please request advice from a mortgage broker when applying for a mortgage.
L&Q welcomes you to view this one bedroom, 1st floor apartment.
Welcome to this lovely one bedroom set in a great location. The flat has an aspect open plan living space which leads onto a private balcony which is good for relaxing or entertaining. There is ample room for a good sized dining room table. The double bedoom is of good size with the benefit of fitted wardrobes. The bathroom consists of a white three piece suite with shower over bath.
Within the Abbey ward of Barking & Dagenham, part of Outer London. Serviced by local shops, transport links, and community facilities typical of East London. Located conveniently to give easy access to both Barking station and Ilford Elizabeth line. Ilford lane is a short walk from the property offering a variety of shops, restaurants and cafes.
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 £37,962. 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 January 2026.
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