Summary - Silverfern Court, Greenstone Walk, RM13 RM13 8YJ
1 bed 1 bath Flat
Affordable first-step purchase with balcony and underfloor heating.
25% shared ownership — 25% share available
A modern, chain-free one-bedroom first-floor flat offered as Shared Ownership (25% share) in the New Green development, built in 2022 with an NHBC warranty. The open-plan reception/kitchen opens through double doors to a private balcony; underfloor heating, USB sockets and dimmable lighting add contemporary convenience. The property includes a double bedroom with fitted wardrobe, stylish bathroom, large storage/utility cupboard and lift access to communal outdoor space.
Financially this is aimed at first-time buyers seeking an affordable route onto the ladder. The purchase requires meeting Havering Council's shared ownership criteria; the monthly rent at the 25% share is around £543.36pcm. Lease details are strong for long-term ownership (247 years remaining); ground rent is nil but the annual service charge is approximately £1,839.
Practical positives include fast broadband, excellent mobile signal, no flood risk and a secure new build construction. Considerations: the development sits in a very deprived area locally, which may affect long-term resale and local services, and buyers must satisfy the council eligibility for shared ownership. Viewing recommended to assess space and outlook from the balcony and communal garden.
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