£75,000
2 bed flat for saleLudlow Court, Dagenham, London RM10
2 beds
Shared ownership
Leasehold
About this property
Two-bedroom apartment
Juliet balcony
Allocated parking
Great transport links
Available for 30% share
5% minimum deposit only
A beautifully maintained, modern and spacious two-bedroom flat in Dagenham available through Shared Ownership.
The property comprises an open plan living/dining room and kitchen, two double bedrooms, and a fitted bathroom. There's also a Juliet balcony in the living room.
Access to communal garden and allocated parking list.
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £75,000 for 30% share based on the marketing figure of £250,000.
Monthly rent - £537.10
Monthly Service Charge - £203.51
Total Monthly Charge - £740.61 plus mortgage required for 30% share.
An annual rent increase takes place every April
Location
The property is part of a modern development situated in an established residential locality, situated in a quiet cul-de-sac but within walking distance to both Dagenham East and Dagenham Heathway Underground stations (District Line).
Close also to amenities and several large parks such as Pondfield Park and Parsloes Park, along with many schools, supermarkets and a gym.
EPC rating
Energy rating band - C
Environmental impact band - B
Other information
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
The property comprises an open plan living/dining room and kitchen, two double bedrooms, and a fitted bathroom. There's also a Juliet balcony in the living room.
Access to communal garden and allocated parking list.
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £75,000 for 30% share based on the marketing figure of £250,000.
Monthly rent - £537.10
Monthly Service Charge - £203.51
Total Monthly Charge - £740.61 plus mortgage required for 30% share.
An annual rent increase takes place every April
Location
The property is part of a modern development situated in an established residential locality, situated in a quiet cul-de-sac but within walking distance to both Dagenham East and Dagenham Heathway Underground stations (District Line).
Close also to amenities and several large parks such as Pondfield Park and Parsloes Park, along with many schools, supermarkets and a gym.
EPC rating
Energy rating band - C
Environmental impact band - B
Other information
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
More information
Tenure
Leasehold (971 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
30%
SO Resi - Resale
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