Albright Court
£186,000 for a 60% share
Property description
Modern apartment situated in The Weavers Quarter.
Property address
Mast Street, Barking, IG11 7HD


Shared Ownership
SHARED OWNERSHIP
Full market value - £310,000
You pay (60%) - £186,000
Monthly rent - £353.61
Service charge - £253.17
Council tax band - C
130 year lease commenced December 2016 - 122 years remaining
EWS1 Certification is available for this property - A2 rating
This energy efficient apartment has a well proportioned open plan living area, which opens onto private south facing balcony. The modern semi-separate kitchen includes integrated appliances. Two double bedrooms, one currently configured as a home office, and a contemporary family bathroom complete the accommodation, which also has ample storage.
Barking Station, a few minutes walk away, offers excellent overground and underground connections into London, while the c2c line offers fast, reliable services throughout East London and South Essex. There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.
A buyer will need to raise a mortgage to purchase this home.
To meet the requirements for this property we require as a guideline, a minimum household income of £58,140. 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. In order to register, please visit our website www.lqhomes.com to register and 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 February 2025.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
Minimum Full Market Value | £310,000 |
---|---|
Minimum Share Percentage | 60% |
Minimum Share Value | £186,000 |
Monthly Service Charge | £253 |
Minimum Deposit | £18,600 |
Barking Station, a few minutes walk away, offers excellent overground and underground connections into London, while the c2c line offers fast, reliable services throughout East London and South Essex. There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
Outside space
- Communal Garden