1 Bedrooms Flat for sale in Prioress House, Barking IG11 | £ 115,000

Overview

Price: £ 115,000
Contract type: For Sale
Type: Flat
County: Essex
Town: Barking
Postcode: IG11
Address: Prioress House, Barking IG11
Bathrooms: 1
Bedrooms: 1

Property Description

***Please quote PRI4402 when enquiring.***
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Introduction


Step onto the property ladder with this 1 bed flat in Barking, perfectly situated for all your needs. Close to all local amenities, leisure facilities, and with excellent transport links, this well presented home has an abundance of convenience. Could this be the starter home you’ve been waiting for?

Full description


- Entrance hall way with storage cupboard and televisual entry system for your security and peace of mind.
- Living room (4.1m x 3.7m) with double floor to ceiling windows.
- Kitchen (2.8m x 2.3m) boasts coordinating wall and base units with contrasting work tops. Integrated electric hob and oven, stainless steel extractor fan and splash back.
- Bedroom (4.3m x 2.5m) with double French doors opening onto the private balcony.
- Bathroom (2.2 m x 1.9m) has a bath with overhead shower, glass shower screen, wash basin and WC. Partially tiled walls with fixed mirror and extractor fan.
- Carpets are fitted to the bedroom. Wooden flooring is fitted to the hallway, kitchen and living room and tiles are laid to the bathroom.
- Electric heating.
- Neutral decoration throughout.
- Private balcony and communal garden.
- On-street parking.

Costs


1-bedroom flat (fourth floor)

Price - £115,000*


Rent - £223.28pm


Service charge - £114.88pm**


*This represents a 50% share of the full open market value of £230,000
**This includes: Management charge, service charge, building insurance charge and sinking fund. Rent and service charges are reviewed annually.

Eligibility requirements


The minimum household income requirement for this property is £30,067^.
If you will be obtaining a mortgage you will need at least £5,750 in savings (i.E. A 5% deposit).

Please note that we work with a third party, Share to Buy to determine whether a property is affordable to an applicant. We will share further details about this process should you wish to proceed with an application after you have viewed the property. You will be required to complete their agreement in principle application and submit supporting documents.

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

General information


Tenure: Leasehold
Lease: 125 Years from 1st April 2014
Years remaining on lease: 120 approx.
Approximate internal area: 50 sq. M.
Local Authority: London Borough of Barking and Dagenham
Council Tax Band: C
EPC Rating: B (86)
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Terms and conditions


***Applicants must have a local connection to Barking. Priority is given to those registered with Help to Buy South and first time buyers.***
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Viewings


Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.


Property Location

Property Marketed by Home Group



Phone:
Address: Farringdon Point, 33 Farringdon Road, London

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