Summary - Merrielands Crescent, Dagenham, RM9 RM9 6FN
1 bed 1 bath Flat
Shared ownership starter near Dagenham Dock station and roof terrace.
- 35% shared ownership; minimum price £85,750
- Newly renovated one-bedroom flat, built 2021
- Long lease: 990 years (from 23/02/2022)
- Monthly shared ownership rent £440.88 (reviewed annually)
- Service charge approx £176 pcm (subject to review)
- Close to Dagenham Dock C2C station and local shops
- Communal courtyard and roof terrace; balcony included
- Location: very high crime and very deprived area
This third-floor, one-bedroom flat is offered as a 35% shared ownership opportunity, with the minimum share priced at £85,750. The apartment is a contemporary 2021 build, newly renovated and arranged as an open-plan living space with a balcony, double bedroom and useful storage. The long lease (990 years) provides ownership security and relatively low council tax (Band B).
Practical costs include shared ownership rent (£440.88 pcm, reviewed annually) and a service charge of about £176 pcm, covering communal maintenance and the community heating scheme. The building includes communal courtyard space and a roof terrace for outdoor use. Transport links are strong for commuters, with Dagenham Dock C2C station nearby and fast broadband plus excellent mobile signal for remote working.
Important negatives are factual and significant: the local area is classified as very deprived and recorded crime levels are very high. Prospective buyers should factor these social and safety considerations into their decision. Priority for purchase is given to applicants living or working in the local authority.
This property suits a first-time buyer seeking an affordable entry to the London market through shared ownership, or an investor wanting a modern, low-maintenance unit near public transport. The communal heating arrangement and service charges should be reviewed alongside affordability calculations before viewing.
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