2 bed flat for sale

Martel House, Hornchurch, Greater London RM12

This home has been created by Home Group, a registered housing provider in the UK. So Resi is acting on behalf of Home Group to bring this property to the market.

Bright and modern two-bedroom apartment now available in Hornchurch, through Shared Ownership.

The property features an entrance hallway, storage cupboard, open-plan living room and kitchen, two bedrooms, and two bathrooms.

The property is on the ground floor, offering residents a private balcony and an allocated parking space.

Available for £100,000 for 25% share based on the marketing figure of £400,000.

Monthly rent - £823.73
Monthly Service Charge - £233.51
Total Monthly Charge - £1,057.24 plus mortgage required for 25% share.

An annual rent increase takes place every April

Location

The property is in a peaceful residential area of Hornchurch. Residents benefit from easy access to local amenities, including markets, fitness centres, healthcare clinics, and green spaces such as Hornchurch Country Park-all accessible within a 5 to 10-minute drive or a short walk.

The area also offers a variety of shops and dining options in Hornchurch town centre, just 15 minutes on foot. For families, reputable schools and community services are nearby, making this a well-rounded location for both convenience and lifestyle.

Transport links are excellent, with Hornchurch Underground Station (District Line) just a 10-minute walk away, offering direct access to central London in approximately 45 minutes. Elm Park Station is also nearby, providing additional commuting flexibility. Bus routes and cycle paths further enhance connectivity, while allocated parking at the property adds to its practicality for drivers.

EPC rating

Energy rating band - B

Environmental rating band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.