3 bedroom apartment for sale

Available

Oysterman Place - Flat 503, IG11 7WZ

£106,250 · Shared Ownership New Build

Share percentage 25%, full price £425,000, £5,313 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Balcony/Terrace
Pets allowed
Floor plan
floor-plan
Floor plan
floor-plan
£106,250 Shared Ownership New Build

Share percentage 25%, full price £425,000, £5,313 Min Deposit.

Monthly Cost: £1,516
Rent £730, Service charge £194, Mortgage £592*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

Show home launching on Saturday 5th October - brand-new 1, 2 & 3-bedroom apartments available to buy through Shared Ownership!

Description

Show home launching on Saturday 5th October - register your interest today to find out how to book a viewing!

Flat 503, located on the fifth floor, offers 76.5m² / 823.4ft² of space. It features three spacious bedrooms with built-in wardrobes and an ensuite to the master bedroom, a large open-plan kitchen/living area with integrated appliances, including a dishwasher, and a fully tiled main bathroom with a shower over the bath. Additional benefits include ample storage space with a washer-dryer and a private balcony for outdoor enjoyment.

Oysterman Place is a collection of 79 one, two and three-bedroom Shared Ownership apartments in Barking town centre. This exciting new development is perfectly placed for enjoying the best of Barking. The Broadway Theatre, Abbey Leisure Centre, local parks, supermarkets, shops and restaurants, as well as schools are all within easy reach.

Superbly located for commuting or day-tripping into the capital. Hop on a tube or train at Barking station - less than 10 minutes away on foot - and you'll be in the heart of the capital in under half an hour. For those times when business or pleasure takes you further afield, London City, Heathrow and Gatwick airports are all within easy reach from Barking overground.

Priority must go to those who currently live and/or work in the London Borough of Barking and Dagenham. Please note Oysterman Place is a car-free development. There is no parking available to any apartments and parking permits cannot be obtained from the council.

*Pets allowed subject to agreeing to the Reside pet policy.

Key Features
  • Private balcony/terrace to all apartments
  • All apartments benefit from under floor heating
  • Landscaped courtyard gardens
  • Excellent transport links
  • Contemporary fitted kitchens with integrated fridge freezer and white goods
  • Fitted wardrobes to all bedrooms
  • Secure cycle storage
  • Lease length: 250 years
Particulars

Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan Brochure Price List Energy Certificate
Map
Barking (0.47 miles) Upney (0.80 miles) East Ham (1.50 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£106,250
Shared Ownership New Build
Estimated Monthly Cost:£1,516
Rent £730
Service Charge £194
Mortgage £592

Share percentage 25%, full price £425,000, £5,313 Min Deposit. Calculated using a representative rate of 5.03%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.