£155,000
Large 5 Bedroom Terrace House. Private Rear Garden.
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: £620,000
Share Value (25%): £155,000
Monthly Rent: £1239.89
Service Charge: £93.41
Annual Ground Rent: £0
Council Tax Band: E
250 year lease commenced April 2021 - 245 years remaining
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
On entering this five bedroom terraced house there is a good sized hall. Off the hall there is a snug to the front of the house a handy guest cloakroom/WC and a large kitchen/diner, which opens onto the rear south facing garden. The kitchen is modern and stylish, large enough for a dining table and sofa and fitted with light grey units and fully integrated appliances. On the first floor find two generous double bedrooms, one with an en-suite shower room. On the top floor find a contemporary bathroom serving a further two double bedrooms and a small fourth bedroom ideal for a nursery or home office.
This home is located within the well-regarded Oaklands Hamlet development which is situated adjacent to Hainault Forest Golf Club. Hainault tube station on the Central line connects to central London, the wider underground network and mainline train stations. Chadwell Heath mainline station, just 3.5 miles away, benefits from Crossrail, providing faster, direct connections to the city and beyond.
Everyday shopping needs are catered for at the Tesco Metro just over a mile from the development. Or the local Waitrose in Buckhurst Hill, Aldi in Ilford and Sainsbury's in Woodford Green are close by. Just 4 miles away in Romford your choice is extended at The Liberty, The Brewery and Romford Shopping Hall that offer a range of High Street favourites, plus bowling and a cinema.
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 £75,232. 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 June 2026.
- Hainault Underground Station (3.3km)
- Grange Hill Underground Station (3.4km)
- Grange Hill Underground Station (3.5km)
- Fairlop Underground Station (3.7km)
- Barkingside Underground Station (4.4km)
- Chadwell Heath Rail Station (4.5km)
- Chadwell Heath Rail Station (4.5km)
- Chigwell Underground Station (4.7km)
- Chigwell Underground Station (4.7km)
- Romford Rail Station (4.7km)