Property description
Register your interest now
(Please note - you will be contacted once a launch date for this property has been set)
30% share available at £78,000
(Based on a full sale price of £240,000. Deposit of £7,800 required for mortgage. Minimum earnings of £32,106 required)
A two bedroom fourth floor apartment in the centre of Romford offering a balcony plus open plan living area and fitted kitchen. This home is located less than half a mile from Romford Rail station. The Liberty and Liberty II shopping centres, Cotton and Lodge Farm parks, a cinema, a couple of gyms, several supermarkets, a number of doctors' surgeries plus a large selection of bars and restaurants are all within a mile of this property.
Current EPC rating - B
What will you pay?
Approximate monthly outgoings £948 (Including £395 mortgage, £417 rent and £137 service charge)
This includes mortgage repayment, rent, building insurance and management charge. The mortgage repayment has been calculated at a 6% mortgage rate - over a 25 year repayment loan.
As this home is not brand new, it will not benefit from a defects liability period with the contractor. Purchasers will be liable for all repairs; including appliances and systems, which have not been checked or tested. However, this home may benefit from the remaining balance of an NHBC or similar warranty scheme.