3 bedroom apartment for sale
Grenada House - Plot I.689, New Road, RM13 8DD
Share percentage 25%, full price £420,000, £5,250 Min Deposit.
Share percentage 25%, full price £420,000, £5,250 Min Deposit.
Monthly Cost: £1,565
Rent £722,
Service charge £258,
Mortgage £585*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
3 bed apartment with parking available. En-suite master bedroom, spacious living, dining & kitchen area. Integrated appliances & flooring included. Private balcony.
Description
Grenada House - Plot 689
Contact a member of our sales team now to view our show home.
Parking available
£105,000 for a 25% share of £420,000. Deposit as low as £5,250.
Full Market Value: £420,000
Shared Value (25%): £105,000
Minimum deposit: £5,250
Required income: £55,572
Rent PCM: £722
Council tax band: TBC
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.
Key Features
- Ready to move into
- Just 5% deposit
- Integrated appliances & flooring included
- En-suite master bedroom with fitted wardrobe
- Parking available to purchase
- Private balcony
- New development amenities including Sainsbury's Local & Beam Park Health Centre
- 22 minutes to Fenchurch Street from Dagenham Dock station
- Stone's throw from Beam Valley Country Park
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureVirtual 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 £420,000, £5,250 Min Deposit. Calculated using a representative rate of 5.03%
