1/26
£66,000
Purpose built apartment just a ten minute drive from Romford
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: £220,000
Share Value (30%): £66,000
Monthly Rent: £401.04
Service Charge: £202.26
Water Charge: £67.28
Heat/Electric: £69.41
Council Tax Band: C
99 year lease commenced June 2015 - 88 years remaining
EWS1 certification is not available for this property. Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should not require an EWS1 form for this property. However, we cannot guarantee that all mortgage lenders, brokers and valuers are utilising the same criteria.
Enter this one bedroom dual aspect apartment via a central hallway with storage. To your left find a good sized south facing double bedroom with fitted wardrobe and a bathroom with a rainshower head over the bath and a glass shower screen. On the other side of the hallway there is a separate kitchen fitted with a range of white wall and base units with black work surfaces and including an integrated oven, hob and extractor and spaces for your other white goods. The reception room opens onto a full width balcony large enough to dine and to relax.
Coral Court is within walking distance of Chadwell Heath station/Elizabeth Line, providing direct access to the City and Central London, whilst being surrounded by multiple schools, shops, cafes, parks and places of worship. There are good road links to the A12/A13 and A406.
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 £34,235. 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 http://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 April 2026.
