£162,000

2 bed flat for sale

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Shared ownership
Leasehold

£162,000

2 bed flat for sale

Lariat Court, Ketch Street, Barking IG11

2 beds
1 bath
1 reception

Key Information

Tenure:
Leasehold (125 years)
Service charge:
£259 per month
Council tax band:
C
Ground rent:
£175
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Gascoigne Primary School 0.1 miles
  • St Joseph's Catholic Primary School 0.3 miles
  • Barking 0.4 miles
  • Barking 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Barking to find out more about the local area.

Features and description

  • Leasehold
  • Reception room open plan to kitchen
  • Kitchen fitted with high gloss wall and base units and light wood effect worktops and featuring integrated appliances
  • Two double bedrooms
  • Bathroom fitted with white suite including shower over bath
  • Triple glazed floor to ceiling windows, giving lots of natural light
  • Three large storage cupboards to hallway
  • Communal gardens including bike store
  • Communal heating system
Shared ownership


Full market value - £360,000

You pay (45%) - £162,000

Monthly Rent - £491.61

Monthly Service Charge - £259.26

Annual Ground Rent - £ 175

125 year lease commenced in February 2016 (125 years remaining)

EWS1 Certification is available for this property - A2 rating

Lariat Court is just a few minutes walk from Barking High Street which offers a range of shops and restaurants plus a Lidl and Asda Superstore.

It is also positioned perfectly for those who are commuting into London, with it being only a short walk to Barking Station, which offers an overground service an underground trains on the District and Hammersmith & City Lines

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 £58,858. 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 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 2024.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

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Property descriptions and related information displayed on this page are marketing materials provided by - L&Q - Pre-Owned Shared Ownership Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact L&Q - Pre-Owned Shared Ownership Homes for full details and further information.

  1. Zoopla
  2. For sale
  3. Essex
  4. East London
  5. Barking and Dagenham (London Borough)
  6. Barking
  7. Creekmouth
  8. Ketch Street

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