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£157,500
Ground floor apartment just minutes from Grange Hill tube station
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: £450,000
You pay (35%): £157,500
Monthly rent: £750.72
Monthly service charge: £171.29
Ground Rent: £0
COUNCIL TAX BAND : D
99 year lease commenced January 2015 - 87 years remaining.
Guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer 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 bright and spacious ground floor apartment via a central hallway with storage. The dual aspect open plan reception room opens onto a private sunny garden that wraps around three sides of the apartment. The modern kitchen includes some integrated appliances. There are two well proportioned double bedrooms, the master having benefit of a mirror-fronted wardrobe and en-suite shower room. A modern bathroom serves the second bedroom.
Sycamore Place is conveniently located just minutes from Grange Hill underground station offering easy access to the City, Stratford for Westfield shopping, and the West End. There are also a number of bus routes that serve the area. Road links include easy access to the M11, M25 and the A406, North Circular Road. Local shopping is catered for with both Grange Hill parade and the pituresque village of Chigwell Row being close by. All major supermarkets are just a short drive away. Leisure facilities nearby include a couple of Gyms and Chigwell Golf Course. There are a number of green spaces within walking distance and Epping Forest is nearby.
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 £43,872. 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 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.
