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£65,000
Spacious one bedroom apartment with allocated parking
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.
SHARED OWNERSHIP
Full Market Value: £260,000
Share Value (25%): £65,000
Monthly Rent: £640.69
Service Charge: £167.93
Council Tax Band: C
125 year lease commenced November 2017 -116 years remaining
Enter this modern apartment via a spacious hallway with deep store. The large, square, dual aspect, reception room, opening onto a west facing juliette balcony, incorporates a modern kitchen with high gloss units and wood effect worktops, with integrated appliances. The dual aspect bedroom benefits from fitted mirror fronted wardrobes and the contemporary bathroom consists of a white three piece suite with a shower over the bath. The property also comes with an allocated parking space.
Oaklands Hamlets is a parkland development, adjacent to Hainault Forest Golf Club. Residents can enjoy a central community square and 25 acres of public open space, including a new country park and a cycle path to Collier Row, as well as superb views of Canary Wharf and the surrounding countryside.
A variety of local amenities, highly regarded schools, and shops and restaurants are all within the locality. Ideally located for Hainault and Chigwell and their shops and local amenities. Commuters benefit from being just 10 minutes to Hainault Tube line for direct links to Central London. A great road network serving Essex and the London area includes the A12, A127 and M25. while the M11 and North Circular offer superb road connections.
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 £41,315. 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 of 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 March 2026.
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