Wild Rose House, RM3 0FQ

Shared Ownership

Full Market Value: £330,000

Share Value (45%): £148,500

Monthly Rent: £329.28

Service Charge: £205.94

Council Tax Band: C

99 year lease commenced March 2014 - 88 years remaining

EWS1 - There is an EWS1 Certification available for this property and it is a B1 Rating.

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

Thischain free apartment consistsof astylishopen-plan kitchen and living area, with natural light from wide floor-length window and door opening up onto the private balcony. The kitchen is fitted with white gloss wall and base units, with under-cupboard lighting, and a granite effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, and extractor fan. Spacious main double bedroom benefitting from a built-in storage cupboard. Bright and airy second bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a beige tile surround. Additional double storage cupboards in hallway. One allocated parking space.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Kings Park is surrounded by a wealth of countryside, woodland, and parks, and with green open spaces covering more than half of the borough, there are plenty of places to relax and recharge. Harold Wood enjoys an abundance of local amenities within walking distance, including a Post Office, supermarket, travel agent, several hairdressers, a bakery, and a restaurant all right on your doorstep. A Tesco Extra store is located at Gallows Corner, just over a mile away for your weekly shop. You can shop until you drop at The Brewery and The Liberty shopping centers, just 3 miles away in the bustling town of Romford. They offer over 100 stores and in addition Romford's historic market. With both secondary and primary schools within the local area, Kings Park's leafy surroundings make up a
contemporary community environment.

Kings Park is situated within an immediate walking distance of Harold Wood mainline station (approx. 33 minutes to London Liverpool Street,) with a Crossrail running with connections to Heathrow. The nearest tube stations are at Hornchurch Underground station which is just 3 miles away and Elm Park Underground Station 4 miles away, both of which are on the District Line.

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 £48,571. 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.comand 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.