Summary - Crown Drive, Romford, RM7 RM7 0FT
2 bed 1 bath Flat
Ideal entry for buyers with quick Elizabeth Line access and lower upfront costs.
60% shared ownership — 40% rent payable (£247 monthly)
This modern two-bedroom apartment on Crown Drive offers an accessible route onto the property ladder via 60% shared ownership. Located on the second floor with lift access, the flat is presented in good condition with an open-plan living area, integrated kitchen appliances and a private balcony.
Practical benefits include a long lease (113 years remaining), garage parking, EPC B and quick access to Romford Elizabeth Line station (about 0.6 miles). The development uses a community heating scheme and the property is chain free, making a swift purchase possible.
Notable costs to consider are the service charge (approximately £2,850 per year) and the monthly rent payable on the unsold 40% share (£247). The shared ownership model suits first-time buyers wanting lower upfront costs but means future staircasing and ongoing charges should be budgeted for. Council Tax band C applies.
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