Chandler Court
£192,500 for a 70% share
Property description
Long term lease, Allocated parking
Property address
Chandler Court, Bensham Ln, Thornton Heath, CR7 7EQ
2 
1 Shared Ownership
Shared Ownership
Full Market Value: £275,000
Share Value (70%): £192,500
Monthly Rent: £293.10
Service Charge: £118.09
Council Tax Band: C
990 year lease commenced May 2006 - 971 years remaining
EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
L&Q welcomes you to view this two bedroom, ground floor apartment.
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 onto a private terrace/garden. There are two double bedrooms, one with fitted wardrobes, in addition to a contemporary family bathroom.
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.
Thornton Heath High Street provides a variety of shops and restaurants and and is only a 5-10 minute walk away. Tesco is located off the high street (7 minute walk) and Sainsburys is off nearby Whitehorse Lane. The local leisure centre is also just a short walk away.
Thornton Heath railway station is located 0.4 miles away with links to London Victoria, London Bridge, Clapham Junction and East Croydon. Many bus routes operate in the area connecting you to Croydon and Crystal Palace. The A23 is 0.6 miles away with links to the A22 and M25 at junction 7.
Croydon town centre is 3 miles away offering a bustling high street and large shopping centres, which offer a wide range of shops, cafes and restaurants.
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 £52,303. 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 October 2024.
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 | £275,000 |
|---|---|
| Minimum Share Percentage | 70% |
| Minimum Share Value | £192,500 |
| Monthly Service Charge | £118 |
| Minimum Deposit | £19,250 |
This apartment is located close to Barking Town Hall and is close to many facilities and local amenities within the contemporary surrounding. This property is situated minutes away from Barking Station which provides links into London. Local buses are also nearby providing convenient transport. While the c2c line offers fast, reliable services throughout East London and South Essex reaching Central London in 18 minutes (Fenchurch Street Station). There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.
Parking
- Allocated parking
Outside space
- Communal Garden
- Private Garden
Others
- Double Glazing
- Pets allowed