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.

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.

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

Download Document