Albright Court

Overview

SHARED OWNERSHIP

Full market value - £310,000

You pay (60%) - £186,000

Monthly rent - £353.61

Service charge - £253.17

Council tax band - C

130 year lease commenced December 2016 - 122 years remaining

EWS1 Certification is available for this property - A2 rating

This energy efficient apartment has a well proportioned open plan living area, which opens onto private south facing balcony. The modern semi-separate kitchen includes integrated appliances.  Two double bedrooms, one currently configured as a home office, and a contemporary family bathroom complete the accommodation, which also has ample storage.

Barking Station,  a few minutes walk away, offers excellent overground and underground connections into London, while the c2c line offers fast, reliable services throughout East London and South Essex. There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.

A buyer will need to raise a mortgage to purchase this home.

To meet the requirements for this property we require as a guideline, a minimum household income of £58,140.  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 www.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 February 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.

Local area information

Weavers Quarter

Barking Station,  a few minutes walk away, offers excellent overground and underground connections into London, while the c2c line offers fast, reliable services throughout East London and South Essex. There are also three major supermarkets, a theatre, sports centre and shopping mall within walking distance.