Rhodes Mansions
£170,000 for a 50% share
Property description
Two bedroom, two bathroom second floor apartment, benefitting from two private balconies. Make this home your own, enjoy a £500 B&Q Voucher on completion*.
Property address
Rhodes Mansions, 27 Fielders Crescent, Barking, IG11 0YG
2 
2 Shared Ownership
** If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
Shared Ownership
Full Market Value: £340,000
Share Value (50%): £170,000
Monthly Rent: £491.72
Service Charge: £205.92
Ground rent payable - £100 per annum
Council Tax Band: C
125 year lease commenced November 2017 - 117 years remaining
EWS1 Certification is available for this property - B1
Offered for sale is this well presented two bedroom second floor apartment. Accessed via a well kept communal entrance, there is a large, open-plan kitchen/living/dining space leading directly on to a balcony to the rear. There are two double bedrooms, one with an ensuite, built in wardrobe leading to a balcony. A contemporary family bathroom completes the accommodation. 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.
Nestled in a quiet residential pocket of Barking, Fielders Crescent offers a harmonious blend of suburban tranquillity and urban convenience. This desirable location is perfect for families, professionals, and first-time buyers alike, providing easy access to a wide range of amenities.
Residents enjoy excellent transport links, with Barking Station (serving the District, Hammersmith & City, Overground, and National Rail lines) just a short distance away, offering direct connections to Central London and beyond. The A13 and North Circular are also conveniently close, making commuting by car straightforward.
The area is well-served by local schools, parks, and shopping facilities. The popular Barking Riverside regeneration area is nearby, bringing with it modern infrastructure, new amenities, and a growing community atmosphere. For leisure, the River Roding and nearby green spaces such as Barking Park offer opportunities for outdoor activities and relaxation.
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 £52,093. 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 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 May 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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. L&Q reserve the right to remove an incentive at any time.
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 | £340,000 |
|---|---|
| Minimum Share Percentage | 50% |
| Minimum Share Value | £170,000 |
| Monthly Service Charge | £206 |
| Minimum Deposit | £17,000 |
Nestled in a quiet residential pocket of Barking, Fielders Crescent offers a harmonious blend of suburban tranquillity and urban convenience. This desirable location is perfect for families, professionals, and first-time buyers alike, providing easy access to a wide range of amenities.
Residents enjoy excellent transport links, with Barking Station (serving the District, Hammersmith & City, Overground, and National Rail lines) just a short distance away, offering direct connections to Central London and beyond. The A13 and North Circular are also conveniently close, making commuting by car straightforward.
The area is well-served by local schools, parks, and shopping facilities. The popular Barking Riverside regeneration area is nearby, bringing with it modern infrastructure, new amenities, and a growing community atmosphere. For leisure, the River Roding and nearby green spaces such as Barking Park offer opportunities for outdoor activities and relaxation.
Parking
- Allocated parking
Others
- Balcony
Outside space
- Communal Garden