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 £63,000
(Based on a full sale price of £210,000. Deposit of £6,300 required for mortgage. Minimum earnings of £27,695 required)
A one bedroom sixth 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 £769 (Including £319 mortgage, £337 rent and £113 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.