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Property Listing Details

1 bed flat for sale

360 Cambridge Road, Barking, Essex IG11

  • New home
  • Shared ownership

£72,500

Property details

Features

  • 1 bedroom
  • 1 bathroom
  • Leasehold
  • Communal garden
  • Central heating
  • Underfloor heating

Listing view statistics

Last 30 days: 495 page views

Since listed: 2024 page views

Description

Darwin

Full market value: £290,000.00
Share: 35%
Rent per month:£432
Service charge: £105.62

Dimensions

Kitchen / living
- 5.08M X 7.84M / 16'8" X 25'10"

Bedroom - 3.57M X 4.95M / 11'9" X 16'3"

Balcony - 1.66M X 5.69M / 5'5" X 18'8"

360 Barking

The 360 shared ownership scheme offers you the chance to buy a share of a modern and spacious apartment and pay rent on the remaining share.

You can use your deposit and a mortgage to buy your share, anything from 35% to 75% of the price, and pay a subsidised rent each month on the remaining share.

You can increase the amount you own up to 100% in the future using a process known as 'Staircasing'.

You can apply for an apartment at 360 Barking using shared ownership if:

1) You do not own a property and have a household income less than £90,000 per annum
2) You agree to have a preliminary discussion with our recommended mortgage advisor to assess your affordibility
3) You have a deposit and are approved for a mortgage by our recommended mortgage advisor
4) You pay a £500 reservation fee, which takes your preferred apartment off the market
5) You provide the details of your chosen solicitor
6) You exchange contracts within 28 days of receipt of contracts by your solicitor, giving you time to raise any questions and finalise your mortgage

Please note your £500 reservation fee goes towards the cost of your apartment, but you will have additional costs such as legal and conveyancing fees.

Floorplan

1 Floorplan document

Map & Nearby

Local Amenities

  • Barking 0.1 miles
  • Barking 0.1 miles
  • Northbury Primary School 0.2 miles
  • St Margarets CofE Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Barking 0.1 miles
  • Barking 0.1 miles
  • Northbury Primary School 0.2 miles
  • St Margarets CofE Primary School 0.3 miles
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Running costs

Mortgage calculator

£ per month

How much could I borrow?

In association with

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Recent sales nearby

See all recent sales in IG11

The Developer

Price history

Sold prices provided by Land Registry
18th Sep 2018 £72,500 Price reduced by £29,000
17th Jul 2018 £101,500 Price reduced by £17,500
17th Jul 2018 £119,000 Price increased by £22,750
13th Jun 2018 £96,250 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by NU Living - 360 Barking Shared Ownership. 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 NU Living - 360 Barking Shared Ownership for full details and further information.