Glandford Way

Overview

SHARED OWNERSHIP - CHAIN FREE

Full Market Value - £210,000

You Pay (65%) - £136,500

Monthly Rent - £290.14

Service Charge - £183.01

Annual Ground Rent - N/A

125 year lease commenced in September 2003 - 105 years remaining

Council Tax Band: C

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.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

This apartment consists of an open-plan kitchen and living area, with Juliette balcony overlooking the development. The kitchen is fitted with light beech effect wall and base units, a granite effect worktop and white tiling splashback. The kitchen also benefits from integrated appliances including a oven and hob. Spacious double bedroom. The bathroom comes complete with a white three-piece suite with a shower over the bath, and tile surround. This apartment also benefits from an allocated parking space.

The property is located off Grove Road. All local amenities, including schools, grocery stores, off-licenses, public transportation can be reached on foot in a matter of minutes. The property is a ten minutes' walk to Chadwell Heath Station - Elizabeth Line (zone 5) which takes you into both Stratford & Romford in less than 15 minutes each way, where you will find a huge array of shopping facilities including Shopping Centers', markets and access to restaurants and leisure facilities. The A12 is also close by, making Central London accessible by car in about half an hour.  

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 £44,097. 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 www.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 August 2023.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Local area information

Glandford Way

The property is located off Grove Road. All local amenities, including schools, grocery stores, off-licenses, public transportation can be reached on foot in a matter of minutes. The property is a ten minutes' walk to Chadwell Heath Station - Elizabeth Line (zone 5) which takes you into both Stratford & Romford in less than 15 minutes each way, where you will find a huge array of shopping facilities including Shopping Centers', markets and access to restaurants and leisure facilities. The A12 is also close by, making Central London accessible by car in about half an hour.