Flat for sale in King Edward Road, Laindon, Basildon SS15

£240,000
Interested in this property? Call +44 20 8033 3722 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Flat for sale - 2 bedrooms

2

Tenure:
Leasehold with shared ownership
Shared ownership percentage owned:
30%
Shared ownership rent:
£377.36 per month
Time remaining on lease:
115 years
Service charge:
£167.41 per month
Ground rent:
£250
Council tax band:
C
Shared ownership details:
Not available

Property description

Property reference number: 1639080

Gough Court is a two-bed property located on the first floor in a three storey apartment block, built in 2013.

There are good transport links with Laindon, 1.1 miles away served by National Rail linking to London Fenchurch Street Station in 37 minutes Local buses serve the area and provide links to Central locations.

Local amenities are located 0.5 miles away along W. Mayne- Manor Road. For leisure and enjoyment, shops, bars and restaurants are within walking distance.

  • Nearest Station: Upminster and Laindon stations
  • Bus routes nearby 8 & 8A

Key Features
  • Parking space
  • Integrated kitchen appliances
  • Central heating
  • Fitted wardrobe
  • Open plan living

What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact and our team will be able to help you.

What is Resale Shared Ownership?

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.

Financial information
  • Tenure: Leasehold
  • Remaining lease term: 115 years
  • Annual ground rent amount: £250
  • Ground rent review period: £250 per annum payable in advance on the first day of January in each year for the first twenty five years of the Term. £500 per annum for the second twenty five years of the Term. £750 per annum for the third twenty five years of the Term. £900 per annum for the fourth twenty five years of the Term and £1500 per annum for the remainder of the Term.
  • Annual service charge amount: £2,008.92
  • Service charge review period: Annually
  • Council tax band: C


*Financial information correct as of 19.01.2024

Property info

Floorplan(s): 3. Floor Plan (Jpeg).Jpg

3. Floor Plan (Jpeg).Jpg View original

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For more information about this property, please contact
Peabody - Resale, SE1 on +44 20 8033 3722 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Peabody - Resale, and do not constitute property particulars. Please contact Peabody - Resale for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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