Lariat Court, IG11 7RY

Shared Ownership

Full Market Value: £320,000

Share Value (25%):  £80,000

Monthly Rent:     £626.26

Service Charge:    £253.39

Council Tax Band:  C

125-year lease commenced February 2016 - 116 years remaining

EWS1 - EWS1 Certification is available for this property, A2 rating.

L&Q welcomes you to view this two-bedroom, second floor apartment.

This bright and spacious two-bedroom apartment consists of a stylish kitchen and living area, flooded with natural light from wide floor-length windows and door which opens onto a private balcony. The kitchen is fitted with ample light grey wall and base units finished with a grey worktop and under unit lighting. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob and extractor fan. Two spacious double beds, both bright and airy. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. 2 storage cupboards in the hallway.

Ground rent is included within the service charge.

With a diverse and lively local community on the doorstep, everything you need is within a 15-minute walk. East Street is home to bustling cafes, bars and restaurants and a range of independent shops and local street markets offer fresh produce. For a wider choice of groceries and household goods, Tesco, Asda and Lidl are a short walk away. For cultural enthusiasts, enjoy outdoor classical concerts in the ruins of Barking Abbey, or catch the latest blockbuster at the Showcase Cinema. Westfield Stratford City and its array of high street and designer shops is a short train journey away. The open green spaces, sports facilities and riverside promenades at the Queen Elizabeth Olympic Park are also well worth a visit.

Barking Station is just a 10-minute walk. Travel into the City or Canary Wharf in less than 20 minutes by tube. The A406 and A13 are within a few minutes' drive for road links to the M11, M25 and wider motorway network. There are several bus stops on London Road providing services within the 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 £48.213. If you are offered the home, 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 www.lqhomes.com 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 of August 2024.