Available
£

Newport House, Fitch Way, Rainham, , RM13 8RW

Share 25% / Full price £265,000 / Min deposit £6,625

Apartment
1 bedroom
1 bathroom

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Summary

Private balcony, long lease, good EPC rating.

Eligibility

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.

Description

SHARED OWNERSHIP

Full Market Value - £265,000

You Pay (25%) - £66,250

Monthly Rent - £554.53

Service Charge - £171.95

Annual Ground Rent - N/A

990 year lease commenced in February 2019 - 983 years remaining

Council Tax Band: C

EWS1 Certification available for this property - A2 Rating

This spacious apartment has a dual aspect open-plan kitchen and living area, flooded with natural light, which opens onto a private balcony with far reaching views. The modern kitchen is fitted with matt grey wall and base units, with stylish under-cupboard lighting, and a marble effect worktop. It also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. The well proportioned east facing bedroom includes a mirrored wardrobe. A contemporary family bathroom completes the accommodation. This property comes with no parking but there is a visitor parking allowance of 100 hours per calendar month.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Beam Parkbenefits from an excellent range of existing amenities. You'll be near some beautiful green spaces, including RSPB Rainham Marshes nature reserve and - in the near future - the new, 2.5 hectare Beam Park. There'll also be a cycle path and fitness trail and you'll be living moments away from the Beam Valley Country Park, where the Beam River joins the Thames. Facilities include a medical centre, exciting gym and leisure offerings, plus an attractive recreational area.

Beam Park promises a bright future for families and their children. The development will soon boast two new, purpose-built primary schools with excellent facilities. These will add to over a dozen nurseries, primary and secondary schools in the area that are rated 'Good' or 'Outstanding' by Ofsted. Chandlers Chatters Pre-School is very popular, while Scargill Infant School is 'Outstanding'. Good local primaries include La Salette RC Primary School and Rainham Village Primary School & Nursery. For secondary-aged children, Harris Academy in Rainham is 'Good', as are Dagenham Park C of E School and Abbs Cross Academy & Arts College.

A short train journey takes you to central London, one of the world's shopping paradises. From Westfield Stratford, to West End fashions and designer labels, through to quirky boutiques and iconic shopping hubs, there's so much to see and explore. Closer to home, Lakeside Shopping Centre is only a short distance away. Covering 200 acres, it's home to over 250 shops, 50 cafés and restaurants and a seven-screen Vue cinema. From food to fashion, technology to jewellery, you'll find it all.

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 £38,715. 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 February 2026.

*The £500 Amazon voucher is currently being offered on this 1 bedroom resale apartment and is applicable to any Shared Ownership purchase that reserves by 30th June 2026. 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. Please quote reference: RESALE1BEDSPRING26 when redeeming this offer.

Property information & downloads

Local area information

Stations
Showing nearest stations
  • Rainham (London) Rail Station (1.6km)
  • Dagenham Dock Rail Station (1.7km)
  • Dagenham East Underground Station (2.3km)
  • Dagenham Heathway Underground Station (2.6km)
  • Elm Park Underground Station (3.5km)
  • Becontree Underground Station (3.5km)
  • Belvedere Rail Station (3.7km)
  • Barking Riverside (3.8km)
  • Erith Rail Station (4.7km)
  • Hornchurch Underground Station (4.8km)
  • Abbey Wood (5.0km)
  • Abbey Wood (London) Rail Station (5.0km)
  • Upney Underground Station (5.1km)
  • Chadwell Heath Rail Station (5.7km)
  • Chadwell Heath Rail Station (5.7km)
  • Romford Rail Station (5.8km)
  • Upminster Bridge Underground Station (5.9km)
  • Emerson Park Rail Station (6.1km)
  • Goodmayes Rail Station (6.2km)
  • Slade Green Rail Station (6.4km)

Disclaimer

The information displayed about this property comprises a property advertisement. The Greater London Authority and Share to Buy Ltd make no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and the Greater London Authority and Share to Buy have 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 provider or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (England and Wales) Regulations 2007.
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