1 bed flat for sale

Lotus House IG7

Shared ownership


Full Market Value: £265,000

Share Value (30%): £79,500

Monthly Rent: £572.81

Service Charge: £184.85

Annual Ground Rent £100.00

Council Tax Band: C

125 year lease commenced February 2018 - 116 years remaining

EWS1 - Guidance from the Royal Institute of Chartered Surveyors (RICS) along with government guidance, means that an EWS1 form should not be required for this property. However, we cannot guarantee that Mortgage lenders, brokers and valuers are utilising the same criteria and a lender may request an EWS1 for this property. Please request advice from a mortgage broker when applying for a mortgage.

Get a £500 Amazon voucher to help with your move to this apartment* T&Cs apply.

*** 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 ***

All rooms open from a central hallway in this beautifully presented second floor apartment. The spacious open plan living area is lit from the doors that lead to a south-west facing juliette balcony. The stone coloured modern kitchen features fully integrated appliances. There is a generously light and airy double bedroom, benefitting from a mirror fronted wardrobe. A contemporary bathroom completes the accommodation. 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.

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 the Elizabeth Line, providing faster and more 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.

There are multiple local green spaces, including Fairlop Waters and Hainault Country Park, within minutes, and the development also includes a children's play area.

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 £42,026. 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.

*The £500 Amazon voucher is currently being offered on this 1 bedroom resale apartment and is applicable to any Shared Ownership purchase that reserves by 30th June 2026. 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. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1 bedroom resales Shared Ownership apartment. Please quote reference: RESALE1BEDSPRING26 when redeeming this offer.

Local Area Information

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.

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 the Elizabeth Line, providing faster and more 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.

There are multiple local green spaces, including Fairlop Waters and Hainault Country Park, within minutes, and the development also includes a children's play area.