Topaz Court
£81,000 for a 45% share
Property description
One bedroom second floor apartment.
Property address
Topaz Court, Romford, RM6 4EY
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £180,000
Share Value (45%): £81,000
Monthly Rent: £305.37
Service Charge: £185.28
Heat & Water Charges: £92.97
Ground Rent: £250 per annum
Council Tax Band: C
99 year lease commenced May 2016 - 92 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Chadwell Heath has its own overground station, with services to Liverpool Street in 30 minutes every 10 minutes, and it will also operate on the new Elizabeth Line, connecting the area with Central London and to Reading and Heathrow Airport.
Chadwell Heath High Road has an array of shops and services from hair salons to dry cleaners and a post office. There are also major supermarkets, restaurants, pubs and cafés. Head to Romford for bigger chains and, of course, Westfield Stratford is only 30 minutes away on the train.
Looking for some exercise? Explore St Chad's Park with its gardens and wildlife conservation area or Hainault Forest Country Park with its 300 acres of countryside. Alternatively, don your lycra and head to the Redbridge Cycling Centre.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £34,381. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. In order to register, please visit our website lqhomes.com to register and obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of September 2023.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £180,000 |
|---|---|
| Minimum Share Percentage | 45% |
| Minimum Share Value | £81,000 |
| Monthly Service Charge | £185 |
| Minimum Deposit | £8,100 |
Chadwell Heath has its own overground station, with services to Liverpool Street in 30 minutes every 10 minutes, and it will also operate on the new Elizabeth Line, connecting the area with Central London and to Reading and Heathrow Airport.
Chadwell Heath High Road has an array of shops and services from hair salons to dry cleaners and a post office. There are also major supermarkets, restaurants, pubs and cafés. Head to Romford for bigger chains and, of course, Westfield Stratford is only 30 minutes away on the train.
Looking for some exercise? Explore St Chad's Park with its gardens and wildlife conservation area or Hainault Forest Country Park with its 300 acres of countryside. Alternatively, don your lycra and head to the Redbridge Cycling Centre.
Others
- Balcony
Outside space
- Communal Garden
Heating
- Double Glazing