1 bedroom apartment for sale
Verona House - Plot N3.1237, Versailles Road, RM9 6GN
Share percentage 25%, full price £267,500, £3,344 Min Deposit.
Share percentage 25%, full price £267,500, £3,344 Min Deposit.
Monthly Cost: £1,029
Rent £460,
Service charge £196,
Mortgage £373*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Rent paid for up to 3 months* Ready to move into 3rd floor apartment with integrated appliances, private balcony & podium garden. Master bedroom with fitted wardrobe.
Description
Rent paid for up to 3 months when you reserve a new Shared Ownership home between 1 - 30 November*
Verona House - Plot N3.1237
1 bedroom, 3rd floor apartment offering 56 sq.m of internal floor area with private outdoor space. Available with just 5% deposit.
Contact a member of our sales team now to view our show home.
£66,875 for a 25% share of £267,500. Deposit as low as £3,344. Minimum income of £38,592
Full Market Value: £267,500
Shared Value (25%): £66,875
Minimum deposit: £3,344
Required income: £38,592
Rent PCM: £464
Council tax band: TBC
Please note parking is not available with this apartment
A transformational new neigbourhood 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.
*Shared Ownership terms and conditions apply. Please visit lqhomes.com/sharedownership for more information. Prices start from £66,250 for a 25% share at L&Q at Beam Park. Incentive terms and conditions apply. For full terms and conditions visit lqhomes.com/offers.
Key Features
- Just 5% deposit
- Receive up to £1,500 towards buying costs* T&C's apply
- Integrated appliances & flooring included
- Master bedroom with fitted wardrobe
- Private balcony
- New development amenities including Sainsbury's Local & Beam Park Health Centre
- Open green space on your doorstep - opposite newly opened Central Park
- Just 22 minutes from Fenchurch Street from Dagenham Dock station
Particulars
Tenure: Leasehold
Lease Length: 250 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 £267,500, £3,344 Min Deposit. Calculated using a representative rate of 5.03%