Plot 147 - Frost House, at Barking Riverside SO Frost House, Podd Street, IG11 0EZ IG11

Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: L&Q - Barking Riverside SO Phone: 020 7768 0308

<p><strong>Reserve a selected Shared Ownership home between the 1st - 30th June and receive £3,000 towards buying costs*</strong></p>Frost House - Plot 147<p>Ready to move into. 1-bedroom ground floor apartment with monthly costs<strong> from £1,073^</strong>. Open plan living space leading to private terrace ideal for relaxing and entertaining. Integrated appliances and flooring included. Utility cupboard for additional storage. Access to podium garden, residents' only gym, co-working space hub, concierge and post room. Short walk to Barking Riverside Overground station for Suffragette line services to central London. Uber Boat operating daily services from Barking Riverside pier. </p><ul><li>Full Market Value: £272,500</li><li>Shared Value (25%): £68,125</li><li>Minimum deposit: (5%) £3,406</li><li>Required income: £40,589</li><li>Rent PCM: £468^</li><li>Service Charge PCM: £256.74^</li><li>Council tax band: TBC</li><li><strong>Please note parking is not available with this plot</strong></li></ul><p> </p><p>Discover <strong>Barking Riverside,</strong> an exciting new neighbourhood for East London, located on the banks of the River Thames in the London Borough of Barking & Dagenham. Barking Riverside is a place to put down roots and be part of an evolving community. L&Q offer a collection of new-build apartments available through Shared Ownership. </p><p><strong>BOOK YOUR VIEWING TODAY</strong></p><p><strong>What is Shared Ownership?</strong><br/>Under the Shared Ownership scheme you part-own and part-rent your home, making it<br/>possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.</p><p> </p><p>^Total monthly outgoing guide based on 5% deposit on a 30 year mortgage term at 5% interest rate. Rent value of £468 PCM on unsold share. Mortgage value of £347 PCM on 25% share. Service charge value of £256.74 PCM. Mortgage Broker will confirm figures case by case.</p><p>L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development. For full terms and conditions visit lqhomes.com/terms-and-conditions. Shared Ownership terms and conditions apply. Prices start from £66,875 for a 25% share of a 1 bedroom apartment at L&Q at Barking Riverside. Full market value of £267,500. For more information please visit lqhomes.com/shared-ownership.</p><p> </p><p> </p><p> </p>