Castle House, 1 Castle Road, Dagenham, Greater London RM9 4XW

£50,000 Shared Ownership

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  • Guideline Minimum Deposit £5,000
  • Guideline Income Dual £31.4k | Single £36.6k
  • Ground Floor with Patio
  • Approx. 641 Sqft Gross Internal Area
  • Open-Plan Kitchen/Reception
  • Double Glazing and Gas Central Heating
  • Parking Space
  • Walking Distance to Upney Station

General Description

A Fantastic Opportunity to Purchase a Two Bedroom Flat, on a Shared Ownership (Part Buy/Part Rent) Basis, through Clarion Housing


SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £200,000). This modern, ground-floor flat features a near 25' reception room with open-plan kitchen and a door that leads out onto a private, south-facing section of patio. There is a good-sized main bedroom plus a slightly smaller second double bedroom. The windows are double glazed throughout and there is gas central heating. The flat comes with use of a space in the gated car park and Upney Station (District Line) is also within comfortable walking distance.



(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.)


Tenure: Leasehold (100 years from 2003).
Minimum Share: 25% (£50,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £758.14 per month (subject to annual review).
Service Charge: £71.88 per month (subject to annual review).
Guideline Minimum Income: Dual £31,400 | Single £36,600 (based on minimum share and 10% deposit).
Local Authority: Band C, London Borough of Barking & Dagenham. 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).


24' 11" max. x 18' max. (7.59m x 5.49m)
included in reception measurement
Bedroom ( Bedroom 1 )
12' 7" x 8' 4" (3.84m x 2.54m)
Bedroom ( Bedroom 2 )
12' 7" x 6' 7" (3.84m x 2.01m)
Energy Effeciency Rating


Shared Ownership

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and Homes England outside of London.

The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
 Not own another property in the UK or any other country.
 Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
 Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
 Be in full time permanent employment.
 Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
 Have a good credit history.
If you are still unsure about Shared Ownership or would like more information view [ Facts and Frequently Asked Questions]


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