Benedicts Wharf
£63,000 for a 30% share
Property description
Situated on Barking Town Quay, Benedicts Wharf offers a waterside oasis.
Property address
Benedicts Wharf, Highbridge Road, Barking, IG11 7BB


Shared Ownership
SHARED OWNERSHIP
Full market value - £210,000
You pay (30%) - £63,000
Monthly rent - £432.07
Monthly service charge - £557.03
Council Tax Band - C
99 year lease commenced June 2008 - 80 years remaining - ask for information about lease extension
EWS1 certification is available for this block - B2 rating
All rooms lead off a central hallway in this well presented one bedroom apartment. The open plan living area benefits from full width floor to ceiling windows with door opening onto a juliette balcony, which overlooks the river. The kitchen is fitted with Beech units and incorporates an integrated oven, hob and extractor. The bedroom also overlooks the river. A part-tiled bathroom completes the accommodation.
Situated on Barking Town Quay, Benedicts Wharf offers a waterside oasis in the midst of an urban area and is within 5 miles of City Airport. Barking Station is within 0.5 miles with access to C2C Railway Services and London Overground. Additionally, District, Circle and Hammersmith & City Line trains all run through Barking Station. Barking Town Centre offers a range of shops and restaurants and Gallions Reach Shopping Park offers a broad selection of shops.
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 £48,988. 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 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 at 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 | £210,000 |
---|---|
Minimum Share Percentage | 30% |
Minimum Share Value | £63,000 |
Monthly Service Charge | £577 |
Minimum Deposit | £6,300 |
Situated on Barking Town Quay, Benedicts Wharf offers a waterside oasis in the midst of an urban area and is within 5 miles of City Airport. Barking Station is within 0.5 miles with access to C2C Railway Services and London Overground. Additionally, District, Circle and Hammersmith & City Line trains all run through Barking Station. Barking Town Centre offers a range of shops and restaurants and Gallions Reach Shopping Park offers a broad selection of shops.
Outside space
- Communal Garden
Others
- Double Glazing
- Lift access