1 bedroom apartment for sale
Weave Court, Loom Grove, RM1 2BL
Share percentage 35%, full price £240,000, £8,400 Min Deposit.
Share percentage 35%, full price £240,000, £8,400 Min Deposit.
Monthly Cost: £903
Rent £337,
Service charge £140,
Mortgage £426*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A bright & modern first floor, one bedroom apartment situated in a convenient area of Romford
Description
Available through the resale shared ownership scheme (minimum 35% share) is a bright & modern first floor apartment situated in a convenient area of Romford.
The property comprises; a secure communal entrance with video entry system, private entrance hallway with storage cupboard, open plan kitchen/living/dining room with access to a private balcony, master bedroom, bathroom with shower over bath and an allocated car parking space in a secure gated car park.
The property is situated in a quiet residential area of Romford. Romford Town Centre is located 1.0 mile from the property and offers a wide variety of shops, restaurants, bars and other amenities. Romford Train Station is located 0.8 miles from the apartment and offers direct services to Stratford & London Liverpool Street. There are frequent bus services to Romford Town Centre
Key Features
- Private Balcony
- Phone Entry System
- Modern Open Plan Living
- Integrated Kitchen Appliances
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: B
Property Downloads
Energy CertificateMap
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 35%, full price £240,000, £8,400 Min Deposit. Calculated using a representative rate of 4.64%
