£306,375

2 bed flat for sale

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New home
Retirement
Leasehold

£306,375

2 bed flat for sale

Park Rise, Sun Rise Avenue, Hornchurch RM12

2 beds
2 baths
1 reception

Key Information

Tenure:
Leasehold
Time remaining on lease:
989 years
Service charge:
£2,622 per year
Council tax band:
true
Ground rent:
£0
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Hornchurch High School 0.1 miles
  • Benhurst Primary School 0.3 miles
  • Elm Park 0.6 miles
  • Hornchurch 0.8 miles

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

Features and description

  • Show Home Available

  • Shared Ownership

  • Leasehold
  • Shared ownership two bedroom apartment - 856 sq ft
  • Exclusive apartments for over 55's
  • Balcony
  • Fitted kitchen with integrated appliances
  • Open plan living/kitchen/dining
  • Walking distance to Harrow Lodge Park
  • Close to Hornchurch Town Centre
  • 10 Year NHBC Warranty
Summary
Park Rise offers buyers a communal lounge, kitchen facilities, reading room, gardens and patio areas as well as estate management on site and much more.

Book your place now to explore these stunning new Shared Ownership apartments available at £306,375 for a 75% share. Full market price £408,500.

Description
At Park Rise living is easy. The high-quality apartments alongside Harrow Lodge Park have been designed and built exclusively for over 55s to live independent lives whilst being part of a wider community. Whether you're leading an active life, enjoying a quiet retirement, or need a little help and support, Park Rise is the perfect home. Future-proof, low maintenance apartments set around beautiful central landscaped gardens provide contemporary comfort in a stunning parkside setting. It takes all types to make a community, and you'll have plenty of opportunity to meet your new neighbours in the shared indoor and outdoor spaces or by joining in the many activities on offer. And help is at hand from the reception desk or the on-call estate manager.

The one and two bedroom apartments at Park Rise are designed to make life easy. Light, spacious and sustainable, with plenty of storage, private and shared indoor and outdoor spaces, and easily adaptable to changing needs. All apartments have their own private outdoor space, and several have stunning view across Harrow Lodge Park. The interiors are high-quality, with generously sized hallways, fully tiled bathrooms with walk-in showers, and open-plan living rooms that optimise convenience and comfort.

Living/Kitchen/Dining 11' 1" x 26' 9" ( 3.38m x 8.15m )

Bedroom One 10' 8" x 14' 7" ( 3.25m x 4.45m )

En-Suite

Bedroom Two 10' 1" x 14' 7" ( 3.07m x 4.45m )

Bathroom

Specification
General
- NHBC 10 year building warranty
- Lease length - 999 years
- Cycle parking - 120 spaces, 38 scooter spaces
- 80 Resident parking bays (limited availability)
- Residents' communal courtyard gardens
- Residents' lounge
- Guest bedroom suite (available to book through property manager)
- Communal boiler

Main Entrance Doors
Walnut veneer entry doors

Living Room
Amtico flooring in 'limed wood' finish

Hallway
Amtico flooring in 'limed wood' finish

Bedroom
Wool twist carpet in neutral tone

Walls/Ceilings
Painted in white throughout

Doors
Ladder effect, solid core in white with stainless steel handles

Kitchens
- Contemporary flat finished cabinets, with metal handles and soft close hinges
- Splashback behind hob
- 22mm laminate worktop in complementing tones
- Stainless steel surface mounted sink and integrated drainer
- Brushed steel lever tap
- Bosch integrated oven (most at high level)
- Bosch induction hob
- Zanussi integrated fridge/freezer
- Zanussi integrated dishwasher
- Zanussi washer/dryer (housed in utility)
- Electrolux extractor fan

Bathrooms
- All principal bathrooms have large double showers in place of bathtubs. En-suite shower rooms have smaller shower cubicles
- All walls are fully tiled in large format plain white tiles
- Light grey floor tiles
- High level, floor mounted wc by Roca
- Counter-top basin by Roca
- Surface mounted dual flush plate
- Chrome mixer tap
- Chrome thermostat
- Chrome rain shower head
- Chrome hand shower
- Chrome heated towel rail
- Large mirrored cabinet above basin

Balconies
- Balconies to all apartments, finished with aluminium decking
- Pendants to living room and bedroom
- Downlights to kitchen and bathrooms
- Double sockets throughout and data points
- Communal dish to roof, with data point in living room
- Pre-wired for internet - choice of service provider for end user
- Underfloor heating throughout living/kitchen, bedroom and hallways

Shared Ownership Information
Buying a home through Older Persons Shared Ownership
Older Persons Shared Ownership (opso), available for those aged 55 or over, enables buyers to part buy/part rent a purpose-built home, whether it be because they're looking to downsize from their existing family home or their current abode simply isn't suitable for their needs anymore.

How is Older Persons Shared Ownership different to Shared Ownership?
Other than variances in the age criteria, the key difference with opso from Shared Ownership is that the maximum share that you can buy is normally 75%, rather than the usual 100%. However, on the majority of opso homes once a purchaser owns 75%, there is no rent payable on the remaining 25% share.

What is the eligibility criteria for Older Persons Shared Ownership?
If you choose to apply for the Older Persons Shared Ownership scheme, the general eligibility criteria is:
You must be aged 55 years or older. However, some opso developments will allow a couple where the main applicant is 55 but a second applicant is 50 or older.
Your maximum household income must not exceed £90,000 per annum in London or £80,000 outside of London.
You should be unable to purchase a home suitable for your needs without assistance.
You do not already own a home, or you will need to sell any existing property owned before purchasing through the scheme.
You will need to be able to secure a mortgage or have sufficient savings to pay the share in full if retired.
You must not have any outstanding credit issues such as unsatisfied defaults or county court judgements.

Lease & Service Charge
Lease is 990 years
Service Charge - £2,621.50 per annum
Shared Ownership - Rent amount 2.75%

Agent's Notes
CGI's, images, dimensions, specifications and plans are provided for guidance purposes only, may be of the surrounding area and not specific to this plot and may differ from the finished development.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Porter Glenny - New Homes

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