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2 bedroom apartment for sale

Available

1 Riverbank Court, Sunrise Avenue, RM12 4GH

£298,125 · Older Persons Shared Ownership

Share percentage 75%, full price £397,500, £29,813 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Communal Garden
Pets allowed
£298,125 Older Persons Shared Ownership

Share percentage 75%, full price £397,500, £29,813 Min Deposit

Monthly Cost: £5,531
Rent £228, Service charge £3,798, Mortgage £1,505*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

Two Bedroom First Floor Apartment with Balcony

Description

Park Rise is a scheme exclusively designed for the over 55's and offers apartment living in a secure community setting in Hornchurch, adjacent to Harrow Lodge Park, these beautiful homes also offer communal facilities where you can meet and greet other residents.

At Park Rise living is easy. The high-quality apartments alongside Harrow Lodge Park have been designed and built exclusively for over 55's to live independent lives whilst being part of a wider community. Whether you're leading an active life, enjoying a quiet retirement, or need a little help and support, Park Rise is the perfect home. Future-proof, low maintenance apartments set around beautiful central landscaped gardens provide contemporary comfort in a stunning parkside setting. It takes all types to make a community, and you'll have plenty of opportunity to meet your new neighbours in the shared indoor and outdoor spaces or by joining in the many activities on offer. And help is at hand from the reception desk or the on-call Estate Manager.

The one and two bedroom apartments at Park Rise are designed to make life easy. Light, spacious and sustainable, with plenty of storage, private and shared indoor and outdoor spaces, and easily adaptable to changing needs. All apartments have their own private outdoor space, and several have stunning view across Harrow Lodge Park. The interiors are high-quality, with generously sized hallways, fully tiled bathrooms with walk-in showers, and open-plan living rooms that optimise convenience and comfort.

Key Features

Exclusive apartments for over 55's

Situated in a secure community setting

Balcony

Open plan living/kitchen/dining

Shaker style kitchen with integrated appliances

Contemporary bathroom suites

Part Exchange Available on selected plots

Walking distance to Harrow Lodge Park

Close to Hornchurch Town Centre

10 Year NHBC Warranty

Residents communal lounge, kitchen and library area

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: B

Map
Hornchurch (0.55 miles) Elm Park (0.70 miles) Emerson Park (1.00 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a - Communal Garden

Year property was built: Enquire with provider

Unit size: 792 sq ft

Communal lift: Yes

Accessible measures: Enquire with provider

Flooded within the last 5 years: No

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.

£298,125
Older Persons Shared Ownership
Estimated Monthly Cost:£5,531
Rent £228
Service Charge £3,798
Mortgage £1,505

Share percentage 75%, full price £397,500, £29,813 Min Deposit. Calculated using a representative rate of 4.59%


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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.