Westside Apartments, IG1 2AQ

Shared Ownership

Full Market Value: £262,000

Share Value (25%): £65,500

Monthly Rent: £698.81

Service Charge: £243.26

Council Tax Band: C

99 year lease commenced March 2007 - 81 years remaining.

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria. - We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible

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

Offered for sale is this well presented two bedroom fourth floor apartment. Accessed via a well kept communal entrance, there is a large, open-plan kitchen/living/dining space leading directly on to a juliette balcony to the rear. There are two double bedrooms, in addition to a contemporary family bathroom.

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.

Barking Station, offers excellent overground and underground connections into London, while the c2c line (named 'Rail Operator of the Year' at the 2018 National Transport Awards) offers fast, reliable services throughout East London and South Essex. There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.

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 £47,759. 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 February 2025.