Hayhill Mansions

Overview

SHARED OWNERSHIP

Full Market Value - £270,000

You pay (25%) - £67,500

Monthly rent - £513.48

Service charge - £206.84

Ground rent payable - £tbc

Council Tax Band- B

125 year lease commenced in November 2017 - 117 years remaining

EWS1 Certification is available - B1 rating

The entrance to this apartment leads into a spacious hallway, within which are located two large storage cupboards.  To your left is a an open plan living area leading to a private balcony.  The kitchen is fitted with high gloss units and includes integrated appliances. A well proportioned double bedroom benefits from in-built storage and the accomodation is completed by a contemporary family bathroom.

Barking Riverside already has state-of-the art rail and river stations. Barking Riverside Pier is now the most eastern stop on the Uber Boat by Thames Clippers' RB1 route. This connects you to the DLR and Elizabeth Line from Woolwich.  Barking Riverside overground, a short walk away, gives direct access to Stratford in  approx 14 minutes and Liverpool Street in approx 25 mins.

With parklands now open, provision for 65,000 square metres of shopping, restaurants, cafes and community and leisure facilities and healthcare coming soon.  The Riverside School has been awarded Ofsted 'outstanding' which makes this area extremely attractive to families. 

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 £40,141. 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 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 of March 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

Barking Riverside

Barking Riverside already has state-of-the art rail and river stations. Barking Riverside Pier is now the most eastern stop on the Uber Boat by Thames Clippers' RB1 route. This connects you to the DLR and Elizabeth Line from Woolwich.  Barking Riverside overground, a short walk away, gives direct access to Stratford in  approx 14 minutes and Liverpool Street in approx 25 mins.

With parklands now open, provision for 65,000 square metres of shopping, restaurants, cafes and community and leisure facilities and healthcare coming soon.  The Riverside School has been awarded Ofsted 'outstanding' which makes this area extremely attractive to families.