1 bedroom flat for sale

Loxford Road, Barking, Essex, IG11

Shared ownership £115,000

Property Description

Key features

  • *115,000 for a 50% share*
  • 50% share available under the shared ownership scheme
  • Viewing is highly recommended
  • Excellent starter home
  • Private balcony
  • Walking distance to public transport
  • Easy access to Barking train station

Full description

Tenure: Leasehold, 120 years remaining

***Please quote PRI4402 when enquiring.***

- Introduction -
Step onto the property ladder with this 1 bed flat in Barking, perfectly situated for all your needs. Close to all local amenities, leisure facilities, and with excellent transport links, this well presented home has an abundance of convenience. Could this be the starter home you've been waiting for?

- Full Description -
- Entrance hall way with storage cupboard and televisual entry system for your security and peace of mind.
- Living room (4.1m x 3.7m) with double floor to ceiling windows to the front aspect.
- Kitchen (2.8m x 2.3m) boasts coordinating wall and base units with contrasting work tops. Integrated electric hob and oven, stainless steel extractor fan and splash back.
- Bedroom (4.3m x 2.5m) with double French doors to the front aspect opening onto the private balcony.
- Bathroom (2.2 m x 1.9m) has a bath with overhead shower, glass shower screen, wash basin and WC. Partially tiled walls with fixed mirror and extractor fan.
- Carpets are fitted to the bedroom. Wooden flooring is fitted to the hallway, kitchen and living room and tiles are laid to the bathroom.
- Electric heating.
- Neutral decoration throughout.
- Private balcony and communal garden.
- On-street parking.

- Costs -
1-BEDROOM FLAT (FOURTH FLOOR)
PRICE - £115,000*
RENT - £223.28pm
SERVICE CHARGE - £114.88pm**
*This represents a 50% share of the full open market value of £230,000
**This includes: management charge, service charge, building insurance charge and sinking fund. Rent and service charges are reviewed annually.

- Eligibility Requirements -
The minimum household income requirement for this property is £30,067^.
If you will be obtaining a mortgage you will need at least £5,750 in savings (i.e. a 5% deposit).

Please note that we work with a third party, Share to Buy to determine whether a property is affordable to an applicant. We will share further details about this process should you wish to proceed with an application after you have viewed the property. You will be required to complete their agreement in principle application and submit supporting documents.

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

- General Information -
Tenure: Leasehold
Lease: 125 Years from 1st April 2014
Years remaining on lease: 120 approx.
Approximate internal area: 50 sq. m.
Local Authority: London Borough of Barking and Dagenham
Council Tax Band: C
EPC Rating: B (86)

- Terms and Conditions -
***Applicants must have a local connection to Barking. Priority is given to those registered with Help to Buy South and first time buyers.***

- Viewings -
Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
10 April 2019

Nearest stations

  • Barking (0.4 mi)
  • East Ham (1.0 mi)
  • Ilford (1.1 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Barking (0.4 mi)
  • East Ham (1.0 mi)
  • Ilford (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference PRI4402. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Group, Re-Sales, Farringdon. Please contact the selling agent or developer 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 or the Home Report if in relation to a residential property in Scotland.

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