£72,000

2 bed flat for sale

  1.  Lounge Area_Pic_ (1).Jpg
  2.  Kitchen Area_Pic_ (1).Jpg
  3.  Bedroom 1_Pic_ (2).Jpg
Leasehold

£72,000

2 bed flat for sale

King Edward Road, Laindon, Basildon SS15

2 beds

Key Information

Tenure:
Leasehold (115 years)
Service charge:
£167 per month
Council tax band:
C
Ground rent:
£250
Ground rent date of next review:
Shared ownership percentage owned:
30%
Shared ownership rent:
£377 per month

Local area information

Property location

Nearby amenities

  • Millhouse Primary School 0.3 miles
  • Merrylands Primary School 0.6 miles
  • Laindon 0.9 miles
  • Basildon 1.9 miles

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

Features and description

  • Leasehold
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

Floor plans and tours

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Floor plan 1

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Peabody - Resale

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Property descriptions and related information displayed on this page are marketing materials provided by - Peabody - Resale. 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 Peabody - Resale for full details and further information.

  1. Zoopla
  2. For sale
  3. Essex
  4. Basildon
  5. Laindon
  6. King Edward Road

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