Roman Road
£145,000 for a 50% share
Property description
Our Winter Offer: A £1,000 Ikea voucher on completion*. Spacious apartment close to schools, allocated parking, communal gardens, set in a quiet location.
Property address
Roman Road, East Ham, E6 3ST
Shared Ownership
SHARED OWNERSHIP
Full Market Value - £290,000
You Pay (50%) - £145,000
Monthly Rent - £527.47
Service Charge - £233.32
Annual Ground Rent - £0
125 year lease commenced on April 2003 - 103 years remaining
The apartment has a large dual aspect living area, open plan to a kitchen fitted with a range of beech wall and base units with integrated oven, hob and extractor and spaces for fridge/freezer and washing machine . Additionally, there are two double bedrooms and a family bathroom.
Situated close to High Street South, there is convenient access to a range of shops, restaurants bus services, and Beckton DLR station.
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 £56,047 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 the property for 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 at August 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 | £290,000 |
---|---|
Minimum Share Percentage | 50% |
Minimum Share Value | £145,000 |
Monthly Service Charge | £233 |
Minimum Deposit | £14,500 |
Situated close to High Street South, there is convenient access to a range of shops, restaurants bus services, and Beckton DLR station.
Parking
- Allocated parking
Others
- Central heating
- Double Glazing
- Pets allowed
Outside space
- Communal Garden