Available

£157,500

Blossom Way, Chigwell, , IG7 4FT
Share 35% / Full price £450,000 / Min deposit £15,750

House
2 bedrooms
1 bathroom

L&Q Group
0330 038 6486 Ext 5167
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Summary

Lovely Two Bedroom Terrace House. Private Garden and Allocated Parking Space.

Eligibility

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.

Description

** 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: £450,000

Share Value (35%): £157,500

Monthly Rent: £793.31

Service Charge: £92.00

Annual Ground Rent n/a

Council Tax Band: D

250 year lease commenced April 2021 - 245 years remaining

L&Q welcomes you to view this two bedroom, terraced house.

This modern terraced house is spacious, with the benefit of a private rear garden. The property is full of natural light and is in an excellent location. There is separate living area and kitchen space. The living room leads onto the well kept rear garden which is great for relaxing and entertaining. There is also ample room for a dining room table as well as a large sofa. The kitchen is modern with light grey matt units and worktops and also has the benefit of integral appliances. On this ground floor there is also a separate WC. There are two good sized bedrooms with one that had the benefit of fitted wardrobes. The family bathroom is modern with white three piece suite with shower over bath.

https://www.google.com/url?sa=i&source=web&rct=j&url=https://crystalroof.co.uk/report/postcode/IG74FT/overview&ved=2ahUKEwivu9eAnK6SAxVeXUEAHbWPETkQy_kOegQIARAB&opi=89978449&cd&psig=AOvVaw0guqmV0X1WJ7FasGf71Emi&ust=1769689163054000 is a peaceful,, attractive, and residential new-build development area, characterized by modern houses constructed after 1980. Situated near Chigwell Row and adjacent to Hainault Forest, the location offers a rural feel with surrounding farmland. It is part of the Chigwell postcode district in Essex.

Located within easy walking distance of Hainault Forest Country Park, and Hainault Golf Club. Easy commuting via Central and Elizabeth Lines. Short drive to Aldi, Asda, Morrisons and Tesco.

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 £59,500 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.

Description

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L&Q Group
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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£157,500 Shared Ownership Resale Full price £450,000
Estimated monthly cost £1,666
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