Semi-detached house for sale in Romford RM1, 2 Bedroom

Full Market Value
£325,000

Share Value(55%)
£178,750

Monthly Rent
£289

Service Charge
£29

Minimum Income
£40,219

Minimum savings
£17,875

Shared ownership

This modern property is within reasonable access of local shopping facilities and most other local amenities.

The buyer will require a deposit to obtain a mortgage for this property.

This home is available to anyone that is affordable, minimum household income required £40,219 with a 10% deposit - you must be able to raise a mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number LQSO012345.

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.

Full market value – £325,000

You pay (55%) - £178,750

Monthly rent – £288.74

Service charge - £28.41

Ground rent payable

99 year lease commenced in 17/02/2012 (93 years remaining)

Local Information

For shopping, you've a choice of either Ilford or Romford town centre, or located a little further afield is Lakeside Retail Park providing a wealth of shops, bars, restaurants, cinemas and much more.

Romford Town Centre is within 0.5 miles away.

The Asda food store is within 0.6 miles.

If you like to keep fit, Fitness First leisure centre is within 0.3 miles away offering a range of sporting activities.

Get back to nature in some of the borough 1200 acres of forest and 600 acres of parks and green spaces.

Transport

Romford railway station is 0.5 miles away with links to Liverpool Street in a scheduled journey time of 17 minutes.

Elm Park underground station is 2.0 miles away with access to the District line.

The A12 is 2.2 miles away with links to the M25 and M11 and links to the Blackwall tunnel, Chelmsford and Colchester.

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. *Information on shopping, going out, leisure and transport obtained from Google and . Details as at September 2018.