Prioress House, 5-7 Loxford Road, Barking, IG11 8SD
Summary
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A good-sized, one-bedroom apartment on the first floor of this modern development. The property has a stylish bathroom just off the entrance hallway and a spacious bedroom with west-facing balcony. The smart, fully-fitted kitchen is semi-open-plan to the reception and both feature attractive flooring. Well insulated walls, modern double glazing and a communal heating/hot water system make for a very good energy-efficiency rating. Barking Station, for District Line, C2C and London Overground services, is just a short walk away. Barking Park and the shops and other amenities of the town centre are also within easy reach.
SHARED OWNERSHIP (Advertised price represents 45% share. Full market value £215,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/5fxyx89w]
(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: Home Group.
Tenure: Leasehold (125 years from 01/04/2014).
Minimum Share: 45% (£101,250).
Shared Ownership Rent: £333.30 per month (subject to annual review).
Service Charge: £199.26 per month (subject to annual review).
Guideline Minimum Income: Dual - £31,600 | Single - £37,900 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Barking & Dagenham.
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. Pets only permitted with a revocable pet licence (from Home Group) at a cost of £125+VAT. There is no parking space offered with this property.
Local area information
- Barking Rail Station (0.5km)
- Barking Underground Station (0.6km)
- East Ham Underground Station (1.7km)
- Ilford Rail Station (1.9km)
- Upney Underground Station (1.9km)
- Woodgrange Park Rail Station (2.3km)
- Manor Park Rail Station (2.3km)
- Seven Kings Rail Station (2.8km)
- Upton Park Underground Station (2.9km)
- Beckton DLR Station (3.3km)
- Goodmayes Rail Station (3.5km)
- Wanstead Park Rail Station (3.5km)
- Becontree Underground Station (3.6km)
- Forest Gate Rail Station (3.6km)
- Newbury Park Station (3.7km)
- Gallions Reach DLR Station (3.8km)
- Newbury Park Underground Station (3.8km)
- Gants Hill Underground Station (3.8km)
- Barking Riverside (3.8km)
- Cyprus DLR Station (3.9km)
Disclaimer
Monthly cost calculator
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable.