1 bedroom apartment for sale
L&Q at Beam Park - Verona House - Plot N3.1235, Versailles Road, RM9 6GN
Share percentage 25%, full price £265,000, £3,313 Min Deposit.
Share percentage 25%, full price £265,000, £3,313 Min Deposit
Monthly Cost: £1,022
Rent £451,
Service charge £202,
Mortgage £369*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Exclusive offers available*! Integrated appliances, flooring included, fitted wardrobe & private balcony. New development amenities on your doorstep including Sainsbury's Local & Health Centre.
Description
Reserve a selected Shared Ownership home between 1 April - 10 May with a £99 reservation fee, plus receive £2,000 towards your buying costs*
Grenada House - Plot I.689
Offering 87 sq.m of internal floor area with private outdoor space. Available with 5% deposit and ready to move into. Parking available.
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Full Market Value: £420,000
Shared Value (25%): £105,000
Minimum deposit: £5,250
Required income: £56,620
Rent PCM: £722
Council tax band: TBC
A transformational new neighbourhood and vibrant new community for East London. L&Q at Beam Park is an address for the future, offering Shared Ownership homes in Rainham and Dagenham, providing residents with modern amenities and community facilities on their doorstep including primary school, nursery, health centre and multi-faith community centre. Open green spaces and recreational areas will feature throughout the development, plus enjoy being within walking distance of Beam Valley Country Park.
L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development. For full terms and conditions visit https://lqhomes.com/terms-and-conditions/. Shared Ownership terms and conditions apply. Prices start from £105,000 for a 25% share of a three bedroom apartment at L&Q at Beam Park. Full market value of £420,000. Please visit lqhomes.com/sharedownership for more information.
Key Features
- Reserve a selected Shared Ownership home between 1 April - 10 May with a £99 reservation fee, plus receive £2,000 towards your buying costs*
- Ready to move into
- Just 5% deposit
- Integrated appliances & flooring included
- Master bedroom with fitted wardrobe
- Private balcony
- New development amenities including Sainsbury's Local & Beam Park Health Centre
- Open green space on your doorstep - opposite newly opened Central Park
- Just 22 minutes from Fenchurch Street from Dagenham Dock station
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
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: n/a - 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 £265,000, £3,313 Min Deposit. Calculated using a representative rate of 5.03%
