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£81,250
Bright and modern one-bedroom apartment now available in Barking, East London, through Shared Ownership.
The property is on the sixth floor and comprises a wide living room, an open-plan kitchen, a bedroom and a bathroom. There's also a large private balcony surrounding the flat.
Available for £81,250 for 25% share based on the marketing figure of £325,000.
Monthly rent - £589.21
Monthly Service Charge - £209.78
Total Monthly Charge - £798.99 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is located just around the corner from Barking's high street, with shops, restaurants and all amenities nearby.
The underground, overground and railway station is just a stone's throw away, allowing to reach Central London in half an hour.
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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