Regal House
£94,500 for a 35% share
Property description
Private Balcony / Good Transport Links
Property address
Regal House, Royal Crescent, Newbury Park, IG2 7JY
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £270,000
Share Value (35%): £94,500
Monthly Rent: £748.18
Service Charge: £232.06
Council Tax Band: C
125 year lease commenced Jan 2003 - 101 years remaining
EWS1 is available for this property - B2 rating
Enter this bright and spacious apartment via a hallway with storage. A spacious open-plan kitchen and living area, flooded with natural light from wide floor length windows opens onto a private east facing balcony overlooking the local park . The generous kitchen is fitted with beech wall and base units with a black granite effect worktops. There is an integrated overn, hob and extractor and spaces for your white goods. Find two good sized double bedrooms, one with in-built storage. The family bathroom includes a shower over the bath.
Located in a prime area with excellent transport links, including Newbury Park Station nearby, commuting is made easy. Outstanding primary and secondary schools within walking distance cater to educational needs, makes this property an ideal choice for families. As well as Newbury Park Underground Station (Central line), Seven Kings Station and Ilford Station (both on the Elizabeth Line) are nearby. There are local shops close by including Sainsbury and Lidl. Buses serve Ilford and Romford shopping centres not far away. There is a local health centre just a few minutes away and the area is covered by two hospitals.
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 £52,523. 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 March 2026.
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 | £270,000 |
|---|---|
| Minimum Share Percentage | 35% |
| Minimum Share Value | £94,500 |
| Monthly Service Charge | £232 |
| Minimum Deposit | £9,450 |
Located in a prime area with excellent transport links, including Newbury Park Station nearby, commuting is made easy. Outstanding primary and secondary schools within walking distance cater to educational needs, makes this property an ideal choice for families. As well as Newbury Park Underground Station (Central line), Seven Kings Station and Ilford Station (both on the Elizabeth Line) are nearby. There are local shops close by including Sainsbury and Lidl. Buses serve Ilford and Romford shopping centres not far away. There is a local health centre just a few minutes away and the area is covered by two hospitals.
Others
- Balcony
- Central heating
Outside space
- Communal Garden
Heating
- Double Glazing
- Electric