£80,000
Ground floor apartment at Barking Riverside suit families or sharers
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: £320,000
Share Value (25%): £80,000
Monthly Rent: £671.82
Service Charge: £269.08
Council Tax Band: C
999 year lease commenced November 2020 - 993 years remaining
EWS1 Certification - A1 Rating
*** If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing ***
Offered for sale is this well presented two bedroom ground floor apartment. Accessed via a well kept communal entrance, there is a large, open-plan kitchen/living/dining space leading directly on to a large east facing balcony to the rear. The modern kitchen features fully integrated appliances. There are two double bedrooms, the master benefitting from an en-suite shower room and fitted wardrobe. A contemporary bathroom serves the second bedroom.
Chambers Apartments enjoys a prime position in the heart of Barking, offering contemporary urban living with excellent connectivity and a strong sense of community. This modern development is ideal for professionals, first-time buyers, and investors seeking a well-connected East London location with ongoing regeneration and growth.
Just a short walk from Barking Station, residents benefit from fast and frequent services via the District Line, Hammersmith & City Line, London Overground, and National Rail, making travel to Central London, Canary Wharf, and Stratford quick and convenient.
The local area offers a variety of amenities including supermarkets, cafés, restaurants, and Barking Market, while the nearby Vicarage Field Shopping Centre and the expanding Barking Riverside development promise even more retail, leisure, and green space options.
Cultural venues like The Barking Theatre and The Ice House Quarter showcase the area's growing creative energy, while tranquil outdoor spaces such as Barking Park and River Roding Walk provide welcome retreats from the urban pace.
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 £48,712. If you are offered the home, 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 May 2026.