Peacock Court
£138,000 for a 40% share
Property description
Our Winter Offer: A £1,000 Ikea voucher on completion*. Communal gardens and ample storage, located in Harold Wood.
Property address
Peacock Court, Firwood Lane, Romford, RM3 0FT
2 
1 Shared Ownership
SHARED OWNERSHIP
Full market value - £345,000
You pay (40%) - £138,000
Monthly Rent - £447.01
Monthly Service Charge - £168.47
Annual Ground Rent - N/A
99 year lease commenced in March 2014 (89 years remaining)
EWS1 certification is available for this property - B1 rating
Offered for sale is this well presented two bedroom apartment, accessed via a well kept communal entrance. The accommodation comprises of a spacious hallway, large, dual aspect, open-plan living area opening onto a private balcony, which overlooks well-kept communal gardens, and in addition, there are two double bedrooms, one with fitted wardrobe and a contemporary family bathroom. This property benefits from a parking space.
This apartment is situated on the popular Kings Park development in Harold Wood, surrounded by a wealth of countryside, woodland and parks and so with green open spaces covering more than half of the borough, there are plenty of places to relax and recharge.
Kings Park is situated within walking distance of Harold Wood mainline station with journey times of approximately 35 minutes to London Liverpool Street via the Elizabeth Line. The nearest tube stations are at Hornchurch Underground Station which is just 3.6 miles away and Elm Park Underground Station 4 miles away, both of which are on the District Line.
Harold Wood enjoys an abundance of local amenities within walking distance, including a Post Office, convenience stores, bakery and a restaurant all right on your doorstep.
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 £50,587. 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 of October 2024.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.
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 | £345,000 |
|---|---|
| Minimum Share Percentage | 40% |
| Minimum Share Value | £138,000 |
| Monthly Service Charge | £168 |
| Minimum Deposit | £13,800 |
Kings Park is situated within walking distance of Harold Wood mainline station with journey times of approximately 35 minutes to London Liverpool Street via the Elizabeth Line. The nearest tube stations are at Hornchurch Underground Station which is just 3.6 miles away and Elm Park Underground Station 4 miles away, both of which are on the District Line.
Harold Wood enjoys an abundance of local amenities within walking distance, including a Post Office, convenience stores, bakery and a restaurant all right on your doorstep.
Parking
- Allocated parking
Others
- Balcony
- Central heating
- Double Glazing
- Pets allowed
Outside space
- Communal Garden