£100,000
2 bed flat for saleNorwich Crescent, Chadwell Heath RM6
2 beds
1 bath
1 reception
- Shared ownership
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Own entrance
Communal Gardens
Close to local amenities
Right to use one allocated parking space
Visitor parking
Shared ownership
Full Market Value: £250,000
Share Value (40%): £100,000
Monthly Rent: £397.70
Service Charge: £198.39
Council Tax Band: C
99 year lease commenced April 2015 - 89 years remaining
EWS1 - Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the lq Group website by searching "EWS1"
L&Q welcomes you to view this two bedroom, ground floor apartment.
Enter this dual aspect apartment through your own front door. To the left find two double bedrooms. A modern and bright family bathroom is straight ahead, consisting of a white three piece suite with shower over bath. To complete the accommodation is a well proportioned open plan living area incorporating a kitchen, which has an integrated oven, hob and extractor and spaces for white goods.
Situated in a highly sought-after location, this apartment is within walking distance of local shops, restaurants and other amenities. It is also close to King George's Hospital and just a short stroll from Goodmayes main line station. Both Chadwell Heath and Goodmayes Stations are part of the Elizabeth Line, which makes commuting to the city or exploring the surrounding countryside effortless.
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 £41,725. 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 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 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 (125 years)
Service charge
£198 per month
Council tax band
C
Ground rent
Ground rent date of next review