2 bedroom apartment for sale
Norfolk Court, RM6 4UN
Share percentage 35%, full price £275,000, £9,625 Min Deposit.
Share percentage 35%, full price £275,000, £9,625 Min Deposit
Monthly Cost: £1,102
Rent £593,
Service charge £23,
Mortgage £486*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Modern two bedroom flat, close to local amenities. Long lease length.
Description
SHARED OWNERSHIP
Full Market Value: £275000
Share Value (35%): £96,250
Monthly Rent: £593.22
Service Charge: £198.39
Council Tax Band: C
125 year lease commenced April 2006 106 years remaining
EWS1 - Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the LQ Group website by searching "EWS1"
L&Q welcomes you to view this two bedroom, first floor apartment.
This apartment is bright and airy with loads of natural light. There is an open Kitchen/living room area with ample room. The kitchen is modern and neat with wood effect units and grey work-tops. There are integrated appliances. There are two bedrooms, both of good size. The bathroom is modern and bright consisting of a white three piece suite with shower over bath.
Close to Outstanding Schools. In the catchment area of Redbridge Grammar Schools. Walking distance to Goodmayes Hospital. Light and airy with windows in each room. Convenient location , close proximity to local busses, GP, Elizabeth Line Station; Chadwell Heath High Street, Goodmayes Hospital.
Good storage space within the apartment. Private closed storage for bikes and buggies. Access to well maintained communal gardens.
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 £47,707. 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 March 2025.
Key Features
- Good EPC Rating
- Good length of lease
- Double glazing
- Communal Gardens
- Close to local amenities
- Right to use one allocated parking space
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 - 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 35%, full price £275,000, £9,625 Min Deposit. Calculated using a representative rate of 4.59%
