1/20
£87,500
This bright, modern, well-decorated two-bedroom is now available in Barking through Shared Ownership.
The property on the fifth floor comprises an entrance hall, a wide living room with a modern open-plan kitchen, two double bedrooms (one en-suite), and a bathroom.
Outside, there is a private balcony that wraps around the living room and a bedroom and a concierge service on the ground floor. Perfect for couples and families.
Available for £87,500 for 25% share based on the marketing figure of £350,000.
Monthly rent - £733.73
Monthly Service Charge - £256.23
Total Monthly Charge - £989.96 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in the centre of Barking, East London, and is a couple of minutes walk from the train, overground and underground station.
Thanks to its location, it's very easy to commute to work: it's only 20 min to Canary Wharf and 30 min to Liverpool Street. The A406 nearby makes it also convenient to travel by car.
There's a shopping centre close to the building, with many shops, restaurants, and pubs, as well as parks such as Barking Park and Wanstead Flats
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 241
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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