2 bed flat for sale

Ludlow Court, Dagenham, London RM10

This bright and modern two-bedroom flat now available in Dagenham through Shared Ownership.

The property features an open plan living/dining room and kitchen, two double bedrooms, and a fitted bathroom. There's also a Juliet balcony in the living room.

Access to communal garden and allocated parking.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £75,000 for 30% share based on the marketing figure of £250,000.

Monthly rent - £558.58
Monthly Service Charge - £209.60
Total Monthly Charge - £768.18 plus mortgage required for 30% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is part of a modern development situated in an established residential locality, situated in a quiet cul-de-sac but within walking distance to both Dagenham East and Dagenham Heathway Underground stations (District Line).

Close also to amenities and several large parks such as Pondfield Park and Parsloes Park, along with many schools, supermarkets and a gym.

EPC rating

Energy rating band - C
Environmental impact band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.