Rowan House

Shared Ownership

Full Market Value:  £247,500

Share Value (25%):  £61,875

Monthly Rent:         £608.12

Service Charge:      £176.05

Ground Rent:            £100.00

Council Tax Band:    C

125 year lease commenced August 2017 - 117 years remaining

Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should not 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* 

L&Q welcomes you to view this one bedroom, first floor apartment

The property is located within easy access of local amenities around Chigwell, Hainault and Romford, plus
Hainault and Grange Hill Central Line Stations, with the City around 40 minutes away. 

For drivers, the A12, M25 and M11 are all nearby.
The property has a wealth of countryside nearby with the Hainault Forest Country Park, Hainault
Forest Golf Club, Fairlop Waters Country Park, also known as 'Walkers Paradise' and provides a cycle path
to Collier Row.
There are a variety of local amenities available, you have the choice of a local parade of shops, restaurants
and café's on Manford Way.

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 £40,487. 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 February 2025

*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.

The property is located within easy access of local amenities around Chigwell, Hainault and Romford, plus
Hainault and Grange Hill Central Line Stations, with the City around 40 minutes away. For drivers, the A12, M25
and M11 are all nearby.

The property has a wealth of countryside nearby with the Hainault Forest Country Park, Hainault
Forest Golf Club, Fairlop Waters Country Park, also known as 'Walkers Paradise' and provides a cycle path
to Collier Row.

There are a variety of local amenities available, you have the choice of a local parade of shops, restaurants
and café's on Manford Way. 

Parking

• Allocated parking

Outside space

• Communal Garden

Others

• Pets allowed

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