£165,000
2 bed flat for saleAllerton House, Chigwell IG7
2 beds
2 baths
1 reception
- Shared ownership
- Pets allowed
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Long length of lease
Good EPC rating
Double Glazed
Allocated Parking
Good Transport Links
Entry Phone System (not tested)
En Suite Bathroom
Shared Ownership
Full Market Value: £330,000
Share Value (50%): £165,000
Monthly Rent: £516.01
Service Charge: £192.68
Council Tax Band: C
125 year lease commenced November 2017 -118 years remaining
EWS1 - EWS1 certification status for this property is the responsibility of a third party and is currently unknown. More information on EWS1 certificates can be found on the lq Group website by searching "EWS1"
L&Q welcomes you to view this two bedroom, second floor apartment.
A beautiful modern bright and airy two bedroom apartment. This property benefits from a family bathroom and an en-suite. The kitchen / living room is a good size. The kitchen has beautiful modern cream gloss units with wood effect worktops, which has the benefit of integrated appliances such as oven, fridge and dishwasher. Both bedrooms are of good size. The main bedroom has fitted wardrobes and a modern ensuite bathroom which beautiful slate effect tiles. The main bathroom consists of a white three piece suite and also has beautiful slate effect tiles. The property also has the benefit of an allocated parking space.
Oaklands Hamlets is a parkland development, adjacent to Hainault Forest Golf Club. Residents can enjoy a central community square and 25 acres of public open space, including a new country park and a cycle path to Collier Row, as well as superb views of Canary Wharf and the surrounding countryside. Even better, the City is just 40 minutes away, making Oaklands Hamlet a convenient location to call home.
Oaklands Hamlet is well served with a variety of independent and state schools nearby. Whether your child is starting primary school or studying for their GCSEs, they are in a great place to learn and thrive. Clockhouse Primary School is located 2 miles away and includes a nursery. The Forest Academy 1.7 miles away is a mixed academy for students aged between 11-19. Redbridge College is just 3 miles away from the development offering a wide range of courses to students.
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 £57,898. 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 a property in one of our schemes. If you are not registered, please visit our website 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 £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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. L&Q reserve the right to remove an incentive at any time.
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More information
Tenure
Leasehold (118 years)
Service charge
£193 per month
Council tax band
C
Ground rent
£100
Ground rent date of next review