1/36
£76,500
Secure complex in centre of shopping district
You can apply to buy the home if all of the following apply:
- your household income is £90,000 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.
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
SHARED OWNERSHIP
Full market value - £255,000
You pay (30%) - £76,500
Monthly Rent - £504.60
Monthly Service Charge - £306.15
Annual Ground Rent - £0
125 year lease commenced in September 2008 (107 years remaining)
Enter this dual aspect apartment via your own front door accessed from the fourth floor deck and take a flight of stairs to the fifth floor, which is the top floor of the complex. the master bedroom is to your right at the top of the stairs and includes an in-built wardrobe with sliding doors. To your left pass the contemporary bathroom and the hallway leads to the seocnd bedroom/home office and the open plan kitchen/reception area, which has double doors opening onto a private balcony. The modern kitchen includes an intergrated (recently replaced) oven, hob and extractor and has spaces for a fridge freezer and washing machine. We understand that parking can be arranged in the multistorey car park for approximately £100 a montha and is accessed direct from the complex.
This development was built in 2006 and sits with easy access to Romford Town Centre, which has a wide range of amenities, shops and restaurants. The train station, a short walk away, is on the Elizabeth Line, connecting you to Stratford and Liverpool street in 10 and 15 minutes respectively via the fast trains, Shenfield withinin 15 minutes as Heathrow airport. Elm Park underground is within 2 miles with access to the District Line with Newbury park equally nearby for the central line.
For shopping, you have a choice of two shopping centres and multiple shops in Romford Town Centre, or located a little further afield is Lakeside Retail Park providing a wealth of shops, bars, restaurants, cinemas and much more. Westfield Stratford City, the largest shopping mall in Europe, is a short 10 minute train journey away. You can also get back to nature in some of the Borough's 1200 acres of forest and 600 acres of parks and green spaces, all within close distance.
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 £43,444. 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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