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2 bedroom apartment for sale

Available

Chaffinch Lodge, 1 St. John's Road, RM5 2DF

£114,000 · Shared Ownership Resale

Share percentage 40%, full price £285,000, £11,400 Min Deposit.

Available
2 bedrooms
1 Bathroom
Patio
Pets allowed
Parking
£114,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £285,000, £11,400 Min Deposit

Monthly Cost: £1,152
Rent £496, Service charge £80, Mortgage £576*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

A bright, spacious and modern ground floor two bedroom apartment situated in a quiet residential area of Collier Row, Romford

Description

The property comprises; secure communal entrance with video entry system, private entrance hallway with large storage cupboard, master bedroom with inbuilt wardrobe cupboard, second double bedroom, open plan living/dining room and kitchen with integrated appliances and access to private patio area, modern family bathroom with shower over bath and one allocated parking space.

The property is situated in a quiet residential area of Collier Row in Romford, within walking distance to Havering County Park. There are regular bus services which provide a direct route to Collier Row high street and Romford Town Centre.

Key Features
  • Ground Private Balcony
  • Allocated Parking Space
  • Two Double Bedrooms
  • Video Entry System
  • Good Location
  • Close to local amenities
  • Close to Havering Country Park
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C

Property Downloads
Brochure
Map
Romford (2.52 miles) Gidea Park (2.56 miles) Hainault (3.11 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

Outside Space/Garden: Yes - Patio

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£114,000
Shared Ownership Resale
Estimated Monthly Cost:£1,152
Rent £496
Service Charge £80
Mortgage £576

Share percentage 40%, full price £285,000, £11,400 Min Deposit. Calculated using a representative rate of 4.59%


Estuary Housing Association LTD
View properties by this developer
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.