Shared ownership

1/16

Shared ownership

1/16

1 bed flat for sale Romford Road, London, E7

Asking price

£148,500

Added on 27/09/2026

55% share · about £270,000 full value

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £289 per sq ft
Tenure: Sharedownership; 103 years left

Service charge £1,758 a year

Key features

***OPTION TO BUY 100% SHARE***
Bright and well-presented throughout
One double bedroom
Shared Ownership
Excellent transport connections
Convenient access to local shops and amenities
Spacious open-plan kitchen/living room
Ideal first-time purchase

About this property

Bright One-Bedroom Apartment with Open-Plan Living in Forest Gate (55% SHARED OWNERSHIP) ***OPTION TO BUY 100% SHARE***

A well-presented one-bedroom apartment offering approximately 513 sq. ft. of bright and thoughtfully arranged accommodation, situated in a convenient Forest Gate location with excellent access to transport links, local amenities and green spaces.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,296
Band B

£1,512
Band C

£1,728
Band D

£1,944
Band E

£2,376
Band F

£2,808
Band G

£3,240
Band H

£3,888

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Newham, 2026/27 bills run from £1,296 a year in band A to £3,888 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Newham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Romford Road, London, E7

Open map Street View

Mortgage and stamp duty

Property price £148,500

£74k £223k

Deposit10% £15,000

£0 £149k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £133,500 mortgage. Most lenders would want a household income of about £30,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
243a, Romford Road Flat / maisonette	Flat / maisonette	Mar 2025	678 sq ft £525/sq ft	678 sq ft	£525	£356,250
243a, Romford Road Flat / maisonette	Flat / maisonette	Nov 2015	678 sq ft £398/sq ft	678 sq ft	£398	£270,000
Flat 1, Atherton Lodge, 223, Romford Road Flat / maisonette	Flat / maisonette	Nov 2014	n/a	n/a	n/a	£165,000
247, Romford Road Semi-detached	Semi-detached	Jan 2012	1,507 sq ft £348/sq ft	1,507 sq ft	£348	£525,000
243b, Romford Road Flat / maisonette	Flat / maisonette	Mar 2011	829 sq ft £165/sq ft	829 sq ft	£165	£137,000
Flat 6, Atherton Lodge, 223, Romford Road Flat / maisonette	Flat / maisonette	Dec 2008	n/a	n/a	n/a	£160,000
Flat 1, Atherton Lodge, 223, Romford Road Flat / maisonette	Flat / maisonette	Jun 2008	n/a	n/a	n/a	£160,000
243a, Romford Road Flat / maisonette	Flat / maisonette	Sept 2005	678 sq ft £210/sq ft	678 sq ft	£210	£142,500