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£247,500
Semi detached home minutes from Romford 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
Share Value (55%): £247,500
Monthly Rent: £403.57
Service Charge: £65.70
Council Tax Band: C
99 year lease commenced February 201 - 84 years remaining
On the ground floor of this well presented home find the modern kitchen to the front of the house. Fitted with white high gloss units, it includes an integrated oven, hob and extractor and spaces for white goods. To the rear, a bright and sunny reception room opens via patio doors onto a secluded garden with both lawn and paved areas. There is also a guest WC/cloakroom. On the first floor find two equally sized double bedrooms and a family bathroom with a shower over the bath and glass shower screen.
The home is within minutes of Romford Station (Elizabeth Line), excellent bus services, local schools, parks, and shops. Romford town centre offers a wide range of amenities, including The Liberty Shopping Centre, restaurants, leisure facilities, and supermarkets.
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 £59,363. 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 at April 2026.
