Available

£69,000

24 Loom Grove, Romford, RM1 2BL
Share 30% / Full price £230,000 / Min deposit £3,450

Apartment
1 bedroom
1 bathroom
Pets allowed

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Summary

Available through the resale shared ownership scheme (minimum 30% share) is a bright and spacious one bedroom first floor apartment, situated in a quiet residential but c...

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £80,000 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

Available through the resale shared ownership scheme (minimum 30% share) is a bright and spacious one bedroom first floor apartment, situated in a quiet residential but convenient area of Romford.

A well presented property comprises of; secure communal entrance with video entry system, hallway a storage cupboard, a light & airy open plan living/dining room & kitchen with inbuilt appliances and access to a private balcony, master bedroom with an inbuilt wardrobe, bathroom with shower over bath, communal garden and an allocated parking space in gated sheltered car park.

The property is situated in a quiet residential area of Romford. Romford Town Centre is located 1.0 mile from the property and offers a wide variety of shops, restaurants, bars and other amenities. Romford Train Station is located 0.8 miles from the apartment and offers direct services to Stratford & London Liverpool Street. There are frequent bus services to Romford Town Centre.

Description

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Material information

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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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Monthly cost calculator
£69,000 Shared Ownership Resale Full price £230,000
Estimated monthly cost £984
£

How is this calculated?

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