Warwick House
£128,250 for a 45% share
Property description
Modern apartment, suit sharers or families
Property address
2 Chancellor Way, Dagenham, RM8 2GP
2 
2 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £285,000
Share Value (45%): £128,250
Monthly Rent: £507.44
Service Charge: £170.64
Ground Rent: £100
Council Tax Band: B
125 year lease commenced March 2017 - 116 years remaining
EWS1 Certification - currently unknown - waiting confirmation
Enter this stylish south facing apartment via a entrance hall with three storage cupboards. There are two well proportioned double bedrooms, the master with built in wardrobe and benefit of an en-suite shower room. A contemporary family bathroom serves the second bedroom. A generous plan living area, with room for a dining table opens onto a wraparound corner balcony for relaxing or entertaining. The modern kichen incorporates integrated appliances.
This block 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.
The property is located within the popular Academy Central Development off of Lodge Avenue within easy reach of local shopping, transport facilities including Elizabeth line, District line and more.
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 £47,205. 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 | £285,000 |
|---|---|
| Minimum Share Percentage | 45% |
| Minimum Share Value | £128,250 |
| Monthly Service Charge | £171 |
| Minimum Deposit | £12,825 |
The property is located within the popular Academy Central Development off of Lodge Avenue within easy reach of local shopping, transport facilities including Elizabeth line, District line and more.
Parking
- Allocated parking
Others
- Balcony
- Central heating
- Pets allowed
Outside space
- Communal Garden
Heating
- Double Glazing
Accessibility
- Lift access