1 bedroom apartment for sale
Barking Riverside - Frost House - Plot 167, Barking, IG11 0ZB
Share percentage 25%, full price £280,000, £3,500 Min Deposit.
Share percentage 25%, full price £280,000, £3,500 Min Deposit
Monthly Cost: £1,059
Rent £481,
Service charge £188,
Mortgage £390*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Receive £1,000 towards buying costs! Open plan living space with integrated appliances, flooring included & private terrace. Fitted wardrobe in master bedroom. New residents amenities including gym.
Description
Reserve between 1st - 31st March and receive £1,000 towards your buying costs on all available homes in Norris and Frost Apartments
Frost House - Plot 167
NEW RELEASE! 1 bedroom ground floor apartment offering 51 sq.m of internal floor area with outdoor space. Ready to move into. Available with just 5% deposit
- Full Market Value: £280,000
- Shared Value (25%): £70,000
- Minimum deposit: £3,500
- Required income: £38,937
- Rent PCM: £481
- Service Charge PCM: £187.57
- Council tax band: TBC
Barking Riverside SO
A landmark development for London along the banks of the River Thames. Barking Riverside is a joint venture between L&Q and The Mayor of London, and is one of Europe's largest brownfield developments, covering an impressive 443 acres, alongside 2km of beautiful south-facing River Thames frontage.
Fielders Quarter at Barking Riverside offers a collection of Shared Ownership homes with modern interiors. Residents can stay active and healthy with the convenience of an on-site gym, ensuring fitness is easily incorporated into daily routines. The presence of a dedicated concierge service adds a touch of luxury, providing assistance and enhancing the overall living experience. Additionally, the inclusion of a collaborative working space within the block speaks to the development's commitment to fostering a dynamic community.
Barking Riverside embodies a contemporary lifestyle, making it an ideal choice for those seeking a modern and well-rounded living experience. With the Riverside Campus School recently awarded "Outstanding" rating also within the development, the neighbourhood is the perfect family-friendly environment for your new home.
Contact a member of our sales team today to find out more or book a viewing!
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it
possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.
Key Features
- Reserve between 1st - 31st March and receive £1,000 towards your buying costs*
- Ready to move into
- Master bedroom with fitted wardrobe
- Integrated appliances
- Private balcony
- Residents gym
- Co-working space
- On-site concierge
- Reach City of London in just 22 minutes via the new Barking Riverside Overground station
- Uber Boat by Thames Clippers is now running services to central London from new Barking Riverside Pier
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: Yes - Communal Garden
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
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 £280,000, £3,500 Min Deposit. Calculated using a representative rate of 5.03%
