2 bedroom house for sale
Hedgemans Road, , RM9 6BX
Share percentage 30%, full price £335,000, £10,050 Min Deposit.
Share percentage 30%, full price £335,000, £10,050 Min Deposit.
Monthly Cost: £1,003
Rent £491,
Service charge £5,
Mortgage £507*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Dagenham, London
Description
Spacious two-bedroom end terraced house in Dagenham for Shared Ownership. The property comprises a hallway, a bright airy living room, a kitchen with a door to the garden, two bedrooms, and a bathroom. The property also benefits from a private, rear garden and off-street parking.
Minimum income required: £37,803
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £100,500 for 30% share based on the marketing figure of £335,000.
Monthly rent - £490.77
Monthly Service Charge - £5.33
Total Monthly Charge - £496.10 plus mortgage required for 30% share.
Energy Rating Band - D
Environmental Impact Band - D
All room dimensions are approximate.
Please note figures given for the rent and service charge are correct at the time of marketing. There is an annual increase that takes place in April. Please contact us for more information.
Key Features
- Two bedrooms
- End terraced house
- Rear garden
- Close to local amenities
- Great travel links - Becontree station is just a short walk away
- Fantastic condition
- Available for 30% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 30%, full price £335,000, £10,050 Min Deposit. Calculated using a representative rate of 4.59%
