1 bedroom apartment for sale
Newport House - L314, Halewood Way, RM13 8RQ
Share percentage 25%, full price £262,500, £3,281 Min Deposit.
Share percentage 25%, full price £262,500, £3,281 Min Deposit.
Monthly Cost: £985
Rent £451,
Service charge £160,
Mortgage £374*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
FURNISHED APARTMENT. Ready to move into. Contemporary kitchen with integrated appliances, flooring throughout included, fitted wardrobe & private balcony. New development amenities.
Description
*FURNISHED APARTMENT!*
Newport House - Plot L.0314
1 bedroom, 10th floor apartment offering 50.4 sq.m of internal floor area with private outdoor space. Contact a member of our sales team now to view our show home.
£65,625 for a 25% share of £262,500. Deposit as low as £3,281. Minimum income of £36,239
- Full Market Value: £262,500
- Shared Value (25%): £65,625
- Minimum deposit: £3,281
- Required income: £36,239
- Rent PCM: £451
- Council tax band: TBC
Please note parking is not available with this apartment
A transformational new neighbourhood and vibrant new community for East London. L&Q at Beam Park is an address for the future, offering Shared Ownership homes in Rainham and Dagenham, providing residents with modern amenities and community facilities on their doorstep including primary school, nursery, health centre and multi-faith community centre. Open green spaces and recreational areas will feature throughout the development, plus enjoy being within walking distance of Beam Valley Country Park.
Key Features
- FURNISHED APARTMENT!
- Ready to move into
- Just 5% deposit
- Integrated appliances & flooring included
- Master bedroom with fitted wardrobe
- Private balcony
- Close of new development amenities including Sainsbury's Local, multi-use games area & Beam Park Health Centre
- Good connections to London & Essex by rail, road & bus
- Stone's throw from Beam Valley Country Park
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanVirtual Tour
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 25%, full price £262,500, £3,281 Min Deposit. Calculated using a representative rate of 5.26%
