Available

£215,000

Blossom Cottages, Lowen Road, Rainham, RM13 8JW
Share 50% / Full price £430,000 / Min deposit £21,500

House
3 bedrooms
3 bathrooms
Pets allowed

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Summary

A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A great chance to buy a shared-ownership family home. This recently-constructed, mid-terrace property provides more than a thousand square feet of accommodation and has built-in storage/utility cupboards plus a cloakroom/WC just off the entrance hall. The remainder of the ground floor is devoted to a full-length (thirty-three-foot), semi-open-plan kitchen/dining/reception room. Patio doors lead out to a south/south-east-facing rear garden. Upstairs, on the first floor of the house, there is a main bedroom with en-suite shower room, a good-sized second double bedroom, a smaller third bedroom and a sleek, modern bathroom. Well insulated walls, roof and floor, high performance glazing and a communal heating/hot water system all contribute towards a very good energy-efficiency rating. The property comes with an off-street parking space, easily accessible via the garden gate, and the A13 offers a direct route into central London or out to the M25. Rainham town centre or railway station can also be easily reached by bus or bike. Newtons Primary School, which is just moments away, is Ofsted-rated 'Good' and nearby Beam Parklands Country Park provides many acres of outside space to explore.

SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £430,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4t9ccvv2]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/01/2019). Freehold transferred on 100% ownership.
Minimum Share: 50% (£215,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £600.58 per month (subject to annual review).
Service Charge: £31.20 per month (subject to annual review). This figure does not include Building Insurance.
Guideline Minimum Income: Dual - £60,100 | Single - £69,200 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Havering. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

Description

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Material information

Key Information Document Floor plan Brochure
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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£215,000 Shared Ownership Resale Full price £430,000
Estimated monthly cost £1,699
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