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£100,000
Purpose built apartment close to all amenities that would suit families or sharers
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £250,000
Share Value (40%): £100,000
Monthly Rent: £758.73
Service Charge: £ 197.71
Annual Ground Rent: £150
Council Tax Band: D
125 year lease commenced January 2004 - 103 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Enter this well presented apartment via a wide hallway which leads into a spacious bright and airy south facing open plan living area, which opens onto a private balcony with a view of the communal gardens. The kitchen is fitted with a range of Beech and Cream units and includes an integrated oven, hob and extractor. There are two well proportioned double bedrooms, the master benefitting from an ensuite shower room and fitted storage. A family bathroom completes the accommodation.
Whilst peaceful, the location of this home is wonderfully convenient, close by are the market towns of Epping and Waltham Abbey, both of which have an excellent range of shops to meet everyday needs. The larger centre of Loughton is at an equal distance to the south, whilst Waltham Abbey lies close to the west. You are within walking distance of all local amenities and to a nature reserve and white water rafting.
Junction 26 of the M25 (London orbital motorway) is at Waltham Abbey and may be reached within minutes. A short walk takes you to the overground station with trains to Liverpool Street and Stratford with links to the tube system.
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 £52,573 If you are offered the property, 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 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 January 2026.
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