Back to search results
1/8

2 bedroom apartment for sale

Available

Blueberry Court, Broadis Way, Rainham, RM13 8JY

£82,500 Shared Ownership Resale

Share percentage 25%, full price £330,000, £8,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£82,500 Shared Ownership Resale

Share percentage 25%, full price £330,000

Monthly Cost: £1,120

Rent £700, Service charge £11, Mortgage £409*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Register your interest
Summary

A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A spacious, two-bedroom apartment on the ground floor of this recently-constructed development. The property is accessed via a private entrance and has a pair of storage/utility cupboards in the hallway. There is a dual-aspect reception room with open-plan kitchen area featuring attractive, walnut-style units. The bathroom is smart and generously-sized and well insulated walls and floor, high performance glazing and a communal heating/hot water system make for a very good energy-efficiency rating. The property has a very low service charge (because of the private entrance) comes with a wrap-around terrace plus use of an allocated parking space. The A13 offers a direct route into central London or out to the M25 and Rainham town centre or the railway station can also be easily reached by bus or bike. Nearby Beam Parklands Country Park provides many acres of outside space to explore.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £330,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/mwh5kpkf]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/01/2020).
Minimum Share: 25% (£82,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £700.30 per month (subject to annual review).
Service Charge: £11.25 per month (subject to annual review).
Guideline Minimum Income: Dual - £35,000 | Single - £41,200 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Havering. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

Key Features
  • Guideline Minimum Deposit £8,250
  • Guide Min Income Dual £35k | Single £41.2k
  • Ground Floor with Private Entrance
  • Approx. 807 Sqft Gross Internal Area
  • Dual-Aspect Kitchen/Reception Room
  • Very Good Energy Efficiency Rating
  • Wrap-Around Terrace
  • Parking Space
Particulars

Tenure: Leasehold
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Brochure
Dagenham East (1.09 miles) Dagenham Dock (1.15 miles) Rainham (1.15 miles)
Register your interest
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

Read More Read Less
  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£82,500
Shared Ownership Resale
Estimated Monthly Cost:£1,120
Rent £700
Service £11
Mortgage £409

Share percentage 25%, full price £330,000, £8,250 Min Deposit. Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Disclaimer
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.