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2 bed flat for sale in Western Road, Gidea Park, Romford RM1 - Zoopla

   STUDENT
UKInternational LOCATION:
ALL Detached Attached Bungalows Park Homes Flats Land Newbuild
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2 bed flat for sale
Western Road, Gidea Park, Romford RM1
£187,500
  • 2 bedrooms
  • 1 bathroom
  • Leasehold
  • Living area open plan to kitchen and with door to balcony.
  • Kitchen fitted with high gloss grey wall and base units and a black worktop with integrated oven and hob, fridge freezer, dishwasher, washer/dryer and microwave.
  • Two double bedrooms, one with fitted mirrored wardrobe and door leading to balcony.
  • Bathroom fitted with white suite and shower over bath.
  • Two storage cupboards in hallway.
  • Laminate flooring in living area with carpet to bedrooms.
  • Underfloor heating (not tested).
  • Double glazing.
  • Low energy LED lighting in all fixed outlets.
 

Description

Full Market Value
£250,000

Share Value(75%)
£187,500

Monthly Rent
£170

Service Charge
£184

Minimum Income
£42,188

Shared ownership

Full market value – £250,000

You pay (75%) - £187,500

Monthly rent – £170.26

Service charge - £183.70

Ground rent payable - £350 pa

125 lease commenced January 2006 (111 years remaining)

please note there is no parking

The development was built in 2006 and sits within easy access to Romford Town Centre, which has a range of amenities and station, which links into London Liverpool Street. Elm Park underground station is 2.0 miles away with access to the District line.

For shopping, you have 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.

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

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 £42,188. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; 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 the property for our schemes. If you are not registered please visit our website 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 at July 2020 View more View less
L&Q
020 8022 5439
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   STUDENT
UKInternational LOCATION:
ALL Detached Attached Bungalows Park Homes Flats Land Newbuild
KEYWORDS:
FILTERS