Benedicts Wharf

Overview

SHARED OWNERSHIP

Full market value - £210,000

You pay (30%) - £63,000

Monthly rent - £432.07

Monthly service charge - £557.03

Council Tax Band - C

99 year lease commenced June 2008 - 80 years remaining - ask for information about lease extension

EWS1 certification is available for this block - B2 rating

All rooms lead off a central hallway in this well presented one bedroom apartment.  The open plan living area benefits from full width floor to ceiling windows with door opening onto a juliette balcony, which overlooks the river.  The kitchen is fitted with Beech units and incorporates an integrated oven, hob and extractor.  The bedroom also overlooks the river.  A part-tiled bathroom completes the accommodation.

Situated on Barking Town Quay, Benedicts Wharf offers a waterside oasis in the midst of an urban area and is within 5 miles of City Airport. Barking Station is within 0.5 miles with access to C2C Railway Services and London Overground. Additionally, District, Circle and Hammersmith & City Line trains all run through Barking Station. Barking Town Centre offers a range of shops and restaurants and Gallions Reach Shopping Park offers a broad selection of shops.

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 £48,988. 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. If you are not registered, please visit our website lqhomes.com and register to 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 at 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

Benedicts Wharf

Situated on Barking Town Quay, Benedicts Wharf offers a waterside oasis in the midst of an urban area and is within 5 miles of City Airport. Barking Station is within 0.5 miles with access to C2C Railway Services and London Overground. Additionally, District, Circle and Hammersmith & City Line trains all run through Barking Station. Barking Town Centre offers a range of shops and restaurants and Gallions Reach Shopping Park offers a broad selection of shops.