Lariat Court
£162,000 for a 45% share
Property description
Two bedroom second floor apartment with benefit of large study area in hallway
Property address
Lariat Court, Ketch Street, Barking, IG11 7RY
2 
1 Shared Ownership
SHARED OWNERSHIP
Full market value - £360,000
You pay (45%) - £162,000
Monthly Rent - £491.61
Monthly Service Charge - £259.26
Annual Ground Rent - £ 175
125 year lease commenced in February 2016 (125 years remaining)
EWS1 Certification is available for this property - A2 rating
Lariat Court is just a few minutes walk from Barking High Street which offers a range of shops and restaurants plus a Lidl and Asda Superstore.
It is also positioned perfectly for those who are commuting into London, with it being only a short walk to Barking Station, which offers an overground service an underground trains on the District and Hammersmith & City Lines
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 £58,858. 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 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 | £360,000 |
|---|---|
| Minimum Share Percentage | 45% |
| Minimum Share Value | £162,000 |
| Monthly Service Charge | £259 |
| Minimum Deposit | £16,200 |
Lariat Court is just a few minutes walk from Barking High Street which offers a range of shops and restaurants plus a Lidl and Asda Superstore.
It is also positioned perfectly for those who are commuting into London, with it being only a short walk to Barking Station, which offers an overground service an underground trains on the District and Hammersmith & City Lines
Parking
- Allocated parking
Others
- Central heating
- Double Glazing
- Lift access
Outside space
- Communal Garden