1 Bed Flat, Clayburn Gardens, RM15

£800.00

per month

£184.62

per week

No admin fees
No hidden charges

Overview

Bedrooms: 1	Bathrooms: 1
Max Tenants: 2	Location: South Ockendon

Description

Note: This OpenRent Property Is No Longer Available For Rent. Description below is only for reference, and you can no longer book a viewing or contact this private landlord.

*** COMING SOON - PHOTOS TO FOLLOW AS UNDERGOING RENOVATION ***

RENT NOW & BUY IN 7 YEARS- One bed ground floor flat in Clayburn Gardens, South Ockendon, Essex. If you are looking to purchase your own homebut cannot get a mortgage right now, this could be for you.

PROPERTY DESCRIPTION
This recently refurbished, fully double glazed and gas central heated onebedroom flat comprises Lounge with patio doors onto a patio garden area,Kitchen with a range of inbuilt appliances, Bathroom with shower over bath and agood size Bedroom. There is plenty of residents’ parking immediately outside.

RENT TO BUY SCHEME

Monthly rent would be £800 but this would not change for 7 years. Monthly capitaltop-up of £235 will build over the 7 years to become your 10% mortgage deposit.Total monthly payment £1,035.

THIS SCHEME IS PERFECT FOR YOU IF:
- You are a first time buyer struggling to save a 10% deposit;
- You can afford a mortgage, but are not able to apply for one right now;
- You have recently moved to the UK so cannot get a mortgage yet;
- You will eventually be able to own your own home but want to start living init now;
- You have impaired credit but are working to improve this.

PLEASE NOTE: Everything is fully documented in legalagreements.

All applicants will require an acceptable guarantor in full-time employment (not self employed). As a guide, Guarantors need to be earning approximately £28,000 a year.