Flat for sale in Fielders Crescent, Barking IG11

Shared ownership

Full Market Value - £320,000

You pay (25%) - £80,000

Monthly rent - £663.40

Service charge - £226.71

Ground rent payable - £100 per annum

Council Tax Band- C

125 year lease commenced in November 2017 - 118 years remaining

EWS1 Certification is available for this property

The entrance via the large private terrace, leads into a spacious hallway, within which are located two large storage cupboards. Two double bedrooms, the master with fitted wardrobe are to your left and to the right is the open plan living area. Plus there is a contemporary family bathroom.

Barking Riverside has the brightest of futures. It already has state-of-the art rail and river stations. Barking Riverside Pier is now the most eastern stop on the Uber Boat by Thames Clippers' RB1 route. This connects you to the DLR and Elizabeth Line from Woolwich. Barking Riverside overground, a short walk away, gives direct access to Stratford in approx 14 minutes and Liverpool Street in approx 25 mins.

With parklands now open, provision for 65,000 square metres of shopping, restaurants, cafes and community and leisure facilities and healthcare coming soon. The Riverside School has been awarded Ofsted 'outstanding' which makes this area extremely attractive to families.

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 £48,000. 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 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 of July 2024.