Just added

£153,750

5 bed terraced house for sale
Lotus Close IG7

    • 5 beds

    • 3 baths

    • 1 reception

  • Shared ownership
  • Pets allowed
  • Leasehold

L&Q - Pre Owned Shared Ownership Homes

Logo of L&Q - Pre Owned Shared Ownership Homes

About this property

  • Good location

  • Off street parking

  • Long Lease

*** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing ***

Shared Ownership

Full Market Value: £615,000

Share Value (25%): £153,750

Monthly Rent: £858.63

Service Charge: £93.41

Annual Ground Rent: £100.00

Council Tax Band: E

125 year lease commenced March 2019 - 117 years remaining

L&Q welcomes you to view this five bedroom, terraced house.

This home is arranged over three floors. There is a large kitchen diner on ground floor with doors to the garden. There is a bedroom on the ground floor together with a WC/Cloakroom. There is a generous reception room on the first floor, with a bedroom to the rear. This bedroom has the benefit of an en-suite shower room and fitted wardrobes. On the top floor there are three further bedrooms, two doubles and a single, together with the family bathroom.

This house is located within the well-regarded Oaklands Hamlet development which is situated adjacent to Hainault Forest Golf Club. Hainault tube station on the Central line connects to central London, the wider underground network and mainline train stations. Chadwell Heath mainline station, just 3.5 miles away, benefits from Crossrail, providing faster, direct connections to the city and beyond.

Everyday shopping needs are catered for at the Tesco Metro just over a mile from the development. Or the local Waitrose in Buckhurst Hill, Aldi in Ilford and Sainsbury's in Woodford Green are close by. Just 4 miles away in Romford your choice is extended at The Liberty, The Brewery and Romford Shopping Hall that offer a range of High Street favourites, plus bowling and a cinema.

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 £61,286. 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 at May 2026.

Local Area Information

This house is located within the well-regarded Oaklands Hamlet development which is situated adjacent to Hainault Forest Golf Club. Hainault tube station on the Central line connects to central London, the wider underground network and mainline train stations. Chadwell Heath mainline station, just 3.5 miles away, benefits from Crossrail, providing faster, direct connections to the city and beyond.

Everyday shopping needs are catered for at the Tesco Metro just over a mile from the development. Or the local Waitrose in Buckhurst Hill, Aldi in Ilford and Sainsbury's in Woodford Green are close by. Just 4 miles away in Romford your choice is extended at The Liberty, The Brewery and Romford Shopping Hall that offer a range of High Street favourites, plus bowling and a cinema.

Zoopla tools

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Tenure

    Leasehold (118 years)

  • Service charge

    £93 per month

  • Council tax band

    E

  • Ground rent

    £100

  • Ground rent date of next review

See all recent sales in IG7

Property descriptions and related information displayed on this page are marketing materials provided by - L&Q - Pre Owned Shared Ownership Homes. 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 - Pre Owned Shared Ownership Homes for full details and further information.