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£101,500
Top floor apartment with two double bedrooms
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: £ 290,000
Share Value (35%): £ 101,500
Monthly Rent: £ 446.51
Service Charge: £ 173.08
Council Tax Band: C
99 year lease commenced September 2011 - 84 years remaining
All rooms open from a central hallway in this second floor apartment. To your right find the south facing open plan living area incorporating a u-shaped kitchen which includes an integrated oven, hob and extractor and spaces for your white goods. A family bathroom separates the living area from the two double bedrooms, the master having benefit of a fitted wardrobe and access to a juliette balcony.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Highams Park Station is a short walk, or just 5 minutes by cycle. Regular Overground services provide direct routes into Liverpool Street, making journeys into the City straightforward. For drivers, the North Circular is quickly accessible, offering efficient connections across London and beyond.
Larks Wood is just moments away, offering woodland walks and a natural setting close to home. Memorial Park is also within easy reach, with open lawns, sports facilities and room to spend time outdoors.
Chingford Mount is close by, with supermarkets, independent shops and local services readily available. Alternatively, The Highams Park shopping center near the train station provides a host of retail and dining options.
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 £40,682. 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.
