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Challingsworth House

Shared ownership

Cambridge Road, Barking, IG11 8TF

For salenew home
Shared ownership
Photo of Challingsworth House
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  • from

    £75,000

    1 bedroom

  • from

    £98,000

    2 bedroom

from

£75,000

with min. deposit

£3,750

Redloft

£75,000

1 bedroom flat

£75,250

1 bedroom flat

£75,750

1 bedroom flat

£75,750

1 bedroom flat

£76,250

1 bedroom flat

£76,250

1 bedroom flat

£76,500

1 bedroom flat

£76,500

1 bedroom flat

£77,000

1 bedroom flat

£77,250

1 bedroom flat

£98,000

2 bedroom flat

£98,500

2 bedroom flat

£104,250

2 bedroom flat

£105,000

2 bedroom flat

Availability

For sale

For sale

Sale under offer

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

Sale under offer

Minimum share

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

Full market price

£300,000

£301,000

£303,000

£303,000

£305,000

£305,000

£306,000

£306,000

£308,000

£309,000

£392,000

£394,000

£417,000

£420,000

Deposit from

£3,750

£3,763

£3,788

£3,788

£3,813

£3,813

£3,825

£3,825

£3,850

£3,863

£4,900

£4,925

£5,213

£5,250

Monthly rent

£515

£517

£520

£520

£524

£524

£525

£525

£529

£531

£673

£677

£716

£721

Monthly service charge

£107

£107

£107

£109

£107

£110

£107

£106

£110

£109

£141

£141

£138

£138

Reservation fee

£500

£500

£500

£500

£500

£500

£500

£500

£500

£500

£500

£500

£500

£500

Bedrooms

1

1

1

1

1

1

1

1

1

1

2

2

2

2

Bathrooms

1

1

1

1

1

1

1

1

1

1

1

1

2

2

Reception rooms

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

51

52

51

52

52

53

52

50

53

52

74.3

74.3

72.1

72.1

Number of floors

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Entrance floor

1st floor

2nd floor

4th floor

4th floor

6th floor

6th floor

2nd floor

7th floor

8th floor

5th floor

3rd floor

3rd floor

3rd floor

6th floor

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

Lease years

250

250

250

250

250

250

250

250

250

250

250

250

250

250

Council Tax Band

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Property features

Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony
Balcony

Overview

Phase 1 consists of 10 one-bedroom and 4 two-bedroom Shared Ownership apartments.

Challingsworth House is part of the wider regeneration initiative and is a collection of 56 Shared Ownership apartments; 40 one-bedroom and 16 two-bedroom apartments, available from a 25% share. These properties offer floor to ceiling windows, contemporary kitchens with integrated appliances* and open-plan living.

Situated in an excellent town centre location, and just 0.2 miles from Barking station, Challingsworth House benefits from great transport links into London via the underground and overground. The travel times to Liverpool Street are 31 minutes via …

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

from

£75,000

with min. deposit

£3,750

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