Flat for sale in Chandler Court, Axe St, Barking IG11

Shared Ownership

Full Market Value: £300,000

Share Value (50%): £150,000

Monthly Rent: £416.46

Service Charge: £278.11

Water Charge: £89.16

Annual Ground Rent: £350.00

Council Tax Band: C

125 year lease commenced January 2017 - 117 years remaining

EWS1 - There is an EWS1 Certification available for this property and it is a B1 Rating.

L&Q welcomes you to view this two bedroom fifth floor apartment.

This apartment consists of a semi open-plan kitchen and living area, with natural light from wide floor-length windows, leading onto a private balcony. The kitchen is fitted with beech wood effect wall and base units, and a granite effect worktop. The kitchen also benefits from integrated appliances including an oven, hob, and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. Bright and airy second double bedroom with floor-length window, with access to balcony. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround. Additional double storage cupboards in hallway.

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.

This apartment is located close to Barking Town Hall and is close to many facilities and local amenities within the contemporary surrounding. This property is situated minutes away from Barking Station which provides links into London. Local buses are also nearby providing convenient transport. While the c2c line offers fast, reliable services throughout East London and South Essex reaching Central London in 18 minutes (Fenchurch Street Station). There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.

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 £54,593. If you are offered the home, 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 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.