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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom

Features

  • Leasehold
  • Open plan living, dining area, kitchen.
  • French doors to living area.
  • Kitchen is fitted with beech wall and base units and black worktop. Integrated oven, hob and extractor fan. The fridge freezer and washing machine is included.
  • Two double bedroom with built in wardrobes.
  • Bathroom fitted with white suite and shower over bath.
  • Double glazing.
  • Gas central heating (not tested).
  • Video entry phone system.
  • Allocated underground parking space.

Listing view statistics

Last 30 days: 1164 page views

Since listed: 6419 page views

Description

Full Market Value
£245,000

Share Value(30%)
£73,500

Monthly Rent
£459

Service Charge
£193

Minimum Income
£35,297

Shared ownership

We consider this home to be situated in an ideal location which offers access to great local amenities in an up and coming area.

The buyer will require a deposit to obtain a mortgage for this property.

This home is available to anyone that is affordable, minimum household income required £35,297 with a 10% deposit - you must be able to raise a mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.

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 and register to obtain your unique reference number LQSO012345.

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.

Full market value – £245,000

You pay (30%) - £73,500

Monthly rent – £458.39

Service charge - £192.38

125 year lease commenced in 01/01/2006 (111 years remaining)

Local Information

For your food essentials Sainsburys Romford is within walking distance. You also have asda less than 1 mile away. Tesco express, Lidl and Londis are also in the vicinity.

The Liberty Shopping Centre, within 1 mile, offers a variety of high street shops, including Debenhams, Next, Marks and Spencer, to name but a few.

Local schools include The Mawney Foundation School, St Peters Catholic School and Gidea Park College are all within 1.5 miles of the property.

For those that like to keep fit. The new Sapphire sports centre is a 1 minute walk offering a gym, swimming pool and ice rink. Fitness first is also a short walk away.

Transport

Romford station is less than half a mile away offering a direct service to London Liverpool Street in 25 minutes.

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. *Information on shopping, going out, leisure and transport obtained from Google and . Details as at April 2020.

You could get

Fast broadband Fast broadband

Up to 23.4 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Romford 0.1 miles
  • Gidea Park 1 miles
  • Bep Academy 0.3 miles
  • The Bridge (SEN) 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Romford 0.1 miles
  • Gidea Park 1 miles
  • Bep Academy 0.3 miles
  • The Bridge (SEN) 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in RM1:

  • £252,367
  • Price decrease

  • -£2,552
  • (-1.001%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £222,784
  • Properties sold

    51

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in RM1 is currently:

£1,274 pcm

Recent sales nearby

See all recent sales in RM1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
23rd Jul 2020 £73,500 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by L&Q. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact L&Q for full details and further information.