1 bed flat for sale

Emma House, Market Link, Romford RM1

Located in the vibrant centre of Romford, this well-presented one-bedroom apartment offers a fantastic opportunity for buyers looking to step onto the property ladder through a 35% shared ownership purchase, with the additional option to purchase at 100% ownership if preferred.

The apartment comprises a spacious and light-filled open-plan reception and kitchen area, designed for modern living and entertaining. The contemporary fitted kitchen includes integrated appliances and ample storage, while the generous double bedroom provides comfortable accommodation with space for wardrobes and additional furnishings. A stylish family bathroom completes the internal layout.

Residents benefit from being moments away from Romford’s wide selection of shopping facilities, cafés, restaurants and leisure amenities, as well as excellent transport connections including Romford Station with Elizabeth Line services providing direct access into London and beyond.

This property is ideally suited to first-time buyers, professionals and investors seeking a conveniently located home in a highly connected area.

Available to purchase at either 35% shared ownership or 100% ownership. Please contact us for further details on pricing and eligibility.

Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 16/11/2009).
Minimum Share: 35% (£75,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £355.50 per month (subject to annual review).
Service Charge: £216.51 per month (subject to annual review).
Water Charge: £27.78 per month (subject to annual review).
Guideline Minimum Income: Dual - £29,000 | Single - £34,000 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Havering. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

What is shared ownership ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.

Is shared ownership for you ?

The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:

1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.