Pemberley Apartments
£94,000 for a 40% share
Property description
Purpose built apartment in modern development Our Autumn Offer: A £1,000 Amazon voucher on completion!*
Property address
Gillian Cres, Romford, RM2 6NU
Shared Ownership
SHARED OWNERSHIP
Full Market Value: £235,000
Share Value (40%) : £94,000
Service Charge: £163.06
Council Tax Band: B
990 year lease commenced April 2006 - 971 years remaining
EWS1 - 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.
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
This bright and spacious one bedroom apartment consists of a open-plan kitchen and living area, flooded with natural light. The kitchen is fitted with beech wall and base units and a black granite effect worktop. The kitchen also benefits from integrated appliances including a oven, hob and extractor fan. Main double bedroom benefitting from built-in storage cupboards. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional double storage cupboard in living area. Allocated parking space.
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.
Gidea Park Railway Station is within a mile with Journey time to Liverpool Street in approximately 31 minutes. Road links to the A12 within 0.5 miles with and the M25 within 2.8 miles. Local bus links to the surrounding areas.
Hilldean and Gidea Park Primary Schools and Royal Liberty Secondary School are approximately a mile away. For a spot of shopping, The Brewery in Romford is close by offering a range of high street stores. If you like to keep fit, also find David Lloyd and Central Park Leisure Centres
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 £****. If you are offered the home, 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 www.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 September 2024.
*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, 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 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 1-bedroom resales shared ownership apartment.
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 | £235,000 |
---|---|
Minimum Share Percentage | 40% |
Minimum Share Value | £94,000 |
Monthly Service Charge | £163 |
Minimum Deposit | £9,400 |
Gidea Park Railway Station is within a mile with Journey time to Liverpool Street in approximately 31 minutes. Road links to the A12 within 0.5 miles with and the M25 within 2.8 miles. Local bus links to the surrounding areas.
Hilldean and Gidea Park Primary Schools and Royal Liberty Secondary School are approximately a mile away. For a spot of shopping, The Brewery in Romford is close by offering a range of high street stores. If you like to keep fit, also find David Lloyd and Central Park Leisure Centres
Parking
- Allocated parking
Others
- Central heating
- Double Glazing
- Pets allowed
Outside space
- Communal Garden