Available

£85,000

Barking IG11 0YG, Barking, , IG11 0YG
Share 25% / Full price £340,000 / Min deposit £8,500

Apartment
2 bedrooms
2 bathrooms

L&Q Group
0330 038 6486 Ext 5167
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Summary

Modern Spacious Two Bedoom Flat, Ensuite Bathroom and Private Balcony in a Great Location.

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: £340,000

Share Value (25%): £85,000

Monthly Rent: £669.55

Service Charge: £205.92

Annual Ground Rent N/A

Council Tax Band: C

125 year lease commenced November 2017 - 116 years remaining

EWS1 - EWS1 Certification is available for this property - (B1)

L&Q welcomes you to view this two bedroom, 2nd floor apartment.

Welcome to this spacious two bedroom well presented apartment. There is a L-shaped living area which opens onto the first of two private balconies which is great for relaxing or entertaining. The apartment is full of natural light. The kitchen is modern fitted with gloss units and the benefit of integral appliances. There are two good sized double bedrooms, the master not only having benefit of a beautiful modern en-suite shower room and built in wardrobe but also its own separate balcony for relaxing. A contemporary family bathroom completes the accommodation with a white three piece suite with shower over bath.

Barking Riverside has the brightest of futures. It already has state-of-the art rail and river stations. Barking Riverside Pier is now the most eastern stop on the Uber Boat by Thames Clippers' RB1 route. This connects you to the DLR and Elizabeth Line from Woolwich. Barking Riverside overground, a short walk away, gives direct access to Stratford in approx 14 minutes and Liverpool Street in approx 25 mins.

With parklands now open, provision for 65,000 square metres of shopping, restaurants, cafes and community and leisure facilities and healthcare coming soon. The Riverside School has been awarded Ofsted 'outstanding' which makes this area extremely attractive to families.

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 £47,179. If you are offered the property, 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 our schemes. If you are not registered please visit our website 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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£85,000 Shared Ownership Resale Full price £340,000
Estimated monthly cost £1,298
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